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Condo Insurance In Cincinnati

Flood vs. Sewer Drain Backup

Sewer & Drain vs. Flood Insurance

A flood involves rising waters, such as those caused by rain, melting snow, or overflow of a river. However, a homeowner’s or a commercial property policy does not cover it. The primary way to insure your home or commercial properties against flood is through the National Flood Insurance Program (NFIP)

Sewer and drain backup on the other hand involves water that causes damage to to house and property as a direct result of a sewer or drain that backs up. Sewer and drain back up coverage can be purchased as an endorsement to your homeowner's and commercial policies.

Condo Insurance In Cincinnati

Why do you need condo insurance?
 
Acondo insurance policycovers your personal property and liability, as well as any additions, alterations and improvements you make to your unit.
Optional loss assessment coverage is also available to protect you against certain assessments that may be levied by the association. You would be compensated for additional living expenses incurred should you need to vacate your condo after a covered loss.
 
A condo insurance policy also protects you and your family members against bodily injury and property damage liability claims and any litigation that may result subject to the limits of your policy.