Condo
At Auto-Owners, we understand that condominium owners have unique insurance needs. That’s why we’ve developed a specific set of coverages to make sure your condo is appropriately protected.
Your independent agent will help you choose the right coverage, so you can rest assured that you’re protected. At Auto-Owners, we offer competitive rates and coverages that are tailored to your specific needs. Find your local independent agent representing Auto-Owners today!
Coverages
Condominium Coverage
Covers your condo and other structures at your residence for which you’re responsible.
Personal Property Coverage
Your personal possessions are covered anywhere in the world.
Personal Liability Coverage
Provides coverage for incidents occurring anywhere in the world and protects against lawsuits for which you may become liable.
Medical Payments to Others
Coverage for others who are injured at your residence.
Additional Living Expenses
Pays for expenses if you are unable to stay in your condo after a covered loss.
Optional Coverages
Condo-Owners Plus Endorsement
This coverage builds on your policy by providing several additional coverages in one package. It includes coverage for refrigerated products, appliance leakage, extra expenses for your mortgage and a waiver of the glass deductible. A coverage example would be if you lose power and a refrigerator full of food spoils, you’re covered up to $750.
Water Backup of Sewers or Drains
Backed up sewers or drains can wreak havoc, causing damage to floors, walls, furniture and electrical systems. Coverage for water backup is available with a wide array of limits to suit your needs.
Personal Property Replacement Cost
Covers repair or replacement of your personal property without a deduction for depreciation.
Special Personal Property Coverage
Provides broader coverage for your personal possessions. This endorsement gives additional causes of loss, including misplacement.
Ordinance or Law Coverage
Sometimes, local ordinances or laws can regulate construction, repair or demolition of your property. This coverage will pay to get you up to code.
Identity Theft Expense Coverage
Provides up to $15,000 for expenses incurred when trying to restore your financial identity.
Ways to Save
Multi-Policy Discount
Receive premium savings when you have other qualifying policies with Auto-Owners.
Life Multi-Policy Discount
Receive premium savings when you have a qualifying life insurance policy with Auto-Owners.
Payment History
You may qualify for a discount if you have paid your premiums on time in the past 36 months.
Paid-in-Full Discount
Save more if you pay your annual policy premium in full and on time. Discount does not apply for escrow direct bill accounts.
Green Discount
When you enroll in paperless billing and pay your policy premiums online, you may qualify for this discount.
Advance Quote
A discount is available for new applicants who request a premium quote prior to the effective date of the policy.
Protective Devices Discount
If you have protective devices such as smoke detectors, deadbolt locks and fire extinguishers, you may be eligible for this discount.
Water Shut-Off System Discount
This discount may apply if you have an approved and properly maintained whole-home water shut-off system that automatically turns off water supply throughout the entire home when a leak is detected.
Deductibles
Assuming some of the risk yourself by choosing a higher deductible may reduce your policy premium.
Favorable Loss History
Receive a lower premium for favorable loss history.
Hurricane/Wind Mitigation Discounts
You may be eligible to receive a discount if your property has construction features that help protect your home from wind damage caused by major storms.*
How do I get a quote?
We offer our insurance products through independent agents because of the many advantages they offer you. Use our Agency Locator to find an independent insurance agent near you to get a quote.
This material is intended as a general guide or primer only and analysis of coverage is in general terms for the sake of simplicity and understanding. Any of the content provided on this webpage is superseded in all respects by the Insuring Agreements, Endorsements, Exclusions, Terms and Conditions of the Policy. The material on this webpage is not an exhaustive list of the coverages available. Some of the coverage mentioned in this material may not be applicable in all states or may have to be modified to conform to applicable state law. Some coverages may have been eliminated or modified since the posting of this material. *Applicable in the following states: South Carolina, Florida. For Florida policyholders a Uniform Mitigation Verification Inspection Form completed by a licensed inspector will be required to verify the construction features of the property.