Condominium insurance protects your possessions from a wide range of perils, including fire, smoke, vandalism, collapse, theft, or natural disaster such as rain, wind, or hail. Condominium insurance does not, however, protect your actual dwelling. Your condominium association is likely to carry coverage that protects your carpeting, interior walls, roofing system, etc. Condominium insurance also protects you in the event someone is injured or suffers personal property damage while in your condominium.

Condominium Insurance, similar to renter insurance protects only your possessions within from smoke, fire, vandalism, theft, or natural disasters like rain, wind, sleet, hail, or flood. Condominium Insurance however will not protect your actual living space. Generally the condominium association will likely carry insurance coverage that will protect interior cosmetics such as carpet, walls, etc… Condominium Insurance also protects you against liability, should someone get hurt or suffer personal property damage while living in your condominium.