Why to Check Your Condo Insurance for Loss Assessments Protection
- Jon Shea
- Apr 10, 2017 4:32:45 PM
- Bradford, VT, Vermont Insurance, Loss Assessments, Condo Insurance
Condominium owners generally aren’t held personally liable for accidents that happen in their building’s common areas. They can, however, end up being financially responsible for any accidents that their association is held liable for. If you own a condominium in Bradford, Vermont, make sure your personal condo insurance policy provides protection against this potential risk. The coverage to look for is loss assessment coverage.