Condominium Insurance in New Brighton, MN

Owning a condominium in New Brighton, MN offers a unique blend of independence and community living. However, it also comes with specific insurance needs that differ from traditional homeowners or renters policies.

At Dean Olson Insurance Agency, we understand that insuring your condo and personal belongings are important priorities. Our team is dedicated to helping condo owners in New Brighton, MN find the right coverage for their needs.

What Does Condominium Insurance Cover?

Condominium insurance, often called an HO-6 policy, is designed to fill the gaps left by your condo association’s master policy. While the association typically insures the building’s exterior and common areas, you are responsible for covering your unit’s interior and personal property.

A standard condo insurance policy may include the following coverages:

• Personal property protection may cover your belongings, such as furniture, electronics and clothing, against risks like fire or vandalism.
• Interior structure coverage can help pay for repairs to fixtures, walls or flooring inside your unit that are damaged by a covered event.
• Liability insurance offers financial coverage if someone is injured in your condo or if you accidentally cause damage to another unit.
• Loss assessment coverage can assist with costs if your association levies a special assessment for damages to shared spaces.

Why Is Condo Insurance Important?

Condo insurance helps ensure you’re prepared for the unexpected, whether water damage from a burst pipe or liability concerns from a guest’s injury. Additionally, many mortgage lenders and condo associations require proof of adequate coverage.

How Dean Olson Insurance Agency Supports Condo Owners

Our team takes the time to understand your unique situation and the specific requirements of your condo association. We compare policies from top insurers to help you find condo coverage that fits your lifestyle and budget.

Ready to protect your New Brighton, MN condo with the right insurance? Contact us today to discuss your options and get a personalized quote.