The Condocover Policy is a state-of-the-art package of protection. The policy provides coverage for:
Your Personal Property wherever it may be
Any Additions or Alterations you make to your premises
Loss of Use, which covers the additional living expenses you incur due to temporary relocation
Loss Assessments up to $5,000 imposed upon you if your association's coverage is inadequate
Personal Liability for bodily injury, property damage or personal injury claims brought against you anywhere in the world
Medical Payments to Others who are injured in an accident arising from your premises or personal activities
Xtra Features (Superior Protection)
Each innovative policy includes more than 50 extra protection features. Some of these include:
Coverage up to $2,500 for loss due to theft, forgery or unauthorized use of a credit card and unknowingly accepting counterfeit money
Payment up to the Personal Property limit for loss to contents of refrigerator or freezer from either power or mechanical failure
Coverage up to $3,000 for theft, misplacing or losing of jewelry, watches and furs
Reimbursement for fire extinguisher recharge after a fire loss
Payment for replacement of automatic garage door transmitters which have been stolen. Coverage is also provided for cost to reprogram the frequency on additional transmitters and/or the control unit box
Coverage up to $3,000 for theft, misplacing or losing of guns and related equipment
Perils*
The Condocover Policy will protect your personal belongings against direct physical loss except as excluded in the policy. Perils include:
Fire or Lightning
Windstorm or Hail
Explosion
Sonic Boom
Riot or Civil Commotion
Aircraft or Vehicles
Smoke
Vandalism or Malicious Mischief
Glass Breakage
Theft
Falling Trees or Other Objects
Weight of Ice, Snow or Sleet
Sudden Bursting or Cracking of a Heating or Cooling System
Freezing of Plumbing, Heating and Cooling Systems
Accidental Overflow or Discharge of Water from Within the Home
Power Surge Damage to Electrical Appliances
Volcanic Eruption
*Some perils contain specific exclusions. See the actual policy for details.
Optional Coverages
Because your home is a special place, it may have unique protection needs. Some of the optional coverages available include:
Increased Loss Assessment Amount
Sewer or Drain Back-up
Incidental Business Occupancy
Earthquake Coverage
Scheduled Personal Property
Expanded Endorsement
Increased Building, Additions and Alterations Endorsement
