Seek the advice of an insurance agent
An experienced independent insurance agent can help you understand the coverage gaps in your condo association’s master policy. They can help you comparison shop for a condo policy that meets your unique needs and your budget. Agents can advise you of additional coverage available that could save you thousands of dollars of out-of-pocket expenses, such as sewer and drain backup coverage and scheduling higher limits of coverage for valuables like jewelry, artwork and golf equipment. Agents can also help you find ways to save, such as bundling your condo and auto policies, or making the insurance company aware of safety features like burglar alarms and sprinkler systems installed in your unit that could qualify you for a discount on your insurance premium.