If you live in New Orleans, LA or the surrounding area, you can turn to the team at MultiSurance for all of your insurance needs. We’re here to answer any questions that you might have and help you find the right policy to protect your property.
Condo ABCs for New Orleans Residents
When you buy a condo, you’re buying one living unit within a building. You’re required to have your own insurance for your unit, as the building’s insurance policy won’t cover your property or possessions. Additionally, in some condominium buildings owners are required to pay for any damage to their units, no matter the cause. This means that even if a plumbing problem in your neighbor’s unit causes damage to your property, you’re responsible for any needed repairs rather than your neighbor. Be sure you have the right insurance in place.
It’s important to fully review the bylaws of your building and those of any governing board that has control over the condominium building. Condo living can be a lot less stressful than owning a home, and if you’re ready to embrace an easier lifestyle, be sure that you have the condo insurance you need. There are many differences between owning a condo and owning a house, so be sure that you’ve reviewed all pertinent documents prior to closing on your property. You’ll want to know the rules and regulations that are in place before you move into your new home.
Contact us today to learn more!
MultiSurance is proud to serve the greater New Orleans, LA area. If you’re planning on buying a condo in the near future, be sure to choose the right type of policy to protect your property and your belongings. Give us a call or stop by today to learn more!
