Condo Insurance in Illinois

Purchasing a condo is a dream come true. For most people, it is one of the most significant purchases you will ever make. In Illinois, it is not a legal requirement to have condo insurance, but if you have a loan, your lender may require it, and your condo association may also require it. These are things you need to understand before you come in to talk to us at our Springfield, IL office. At Green Family Insurance Inc., we are independent agents who deal with dozens of insurance providers to make sure that our customers get the coverage that they need at a price they are comfortable with.

Condo insurance is a little different than home insurance. With a home, you need to insure the entire structure, with a condo, the condo association policy, which is often known as the master policy, covers the exterior of the building, which includes the roof and porches or decks. It also consists of any common areas such as a pool area or the parking lot. Where your coverage begins depends on that policy, so you definitely should make yourself aware of it and precisely what it covers. The terms of the master policy determine the kind of coverage you need.

What you get with a condo policy in Illinois are liability protection and personal property coverage. You have options for the amount of liability you want to carry and also whether you want replacement cost or actual value on your contents and personal property. Coming up with these figures is something that you can talk to an experienced insurance agent about.

At Green Family Insurance Inc in Springfield, IL, we take the welfare of our customers very seriously. We have a knowledgeable staff who are happy to sit down with you and discuss your particular condo and the amount of insurance that will give you peace of mind. Stop by our office or give us a call to get started with a quote and have your questions answered.