Many people prefer the freedom of condo life. Maintenance work is taken care of as well as most taxes. However, condo life does carry with it some risks. At Parr Insurance Services serving Lynchburg, VA and the surrounding areas, we can help you make the best insurance choices by providing answers to your frequently asked questions. 

Why Do I Need Condo Insurance?

Condo insurance is a great idea for those who rent their homes. Although the condo owner will have property insurance against property damage to the condo, you will need insurance as well to protect your personal belongings inside the condo. It is very important to remember that the property insurance your owners pay for will not cover loss or damage to any of your personal belongings in the event of a fire, natural disaster, or burglary. 

How Much Coverage Do I Need?

In order to best understand how much condo insurance coverage you need, you will want to sit down and talk with a knowledgeable insurance representative. This professional will be able to help you evaluate the value of your personal belongings. This amount will help you and the insurance agent determine how much insurance coverage you need. 

What Types of Things Can Be Covered Under Condo Insurance?

Condo insurance will provide coverage for any personal belongings you wish to have covered. These types of belongings can include:

• Furniture
• Electronics
• Jewelry 
• Clothing 
• Collectibles
• Any items you wish to value

If you would like to learn more about condo insurance or any of our other insurance services, please contact us today at Parr Insurance Services, serving Lynchburg, VA and the surrounding areas.