Fort Worth Condo Insurance

Find Affordable Fort Worth, TX Condo Insurance

Living close to downtown Fort Worth has become increasingly popular as residents seek an urban lifestyle and workers try to avoid long commutes. The city provides many housing alternatives, including condominiums. Condo prices in the city tend to be higher than prices for similarly-sized homes in the area’s many suburban neighborhoods. If you are one of the many residents who enjoy the benefits of co-operative living, be sure to research Fort Worth, TX condo insurance.

An independent agent in the Trusted Choice® network can make it easy to find and purchase the right condo insurance policy to meet your coverage needs. These professionals work with several different insurance companies and can supply you with a variety of Fort Worth condo insurance quotes from top-rated companies. Expect good service and choices when you contact an independent agent in the Trusted Choice network.

Fort Worth Property Crime Statistics, 2011

  • Fort Worth residents reported 10,058 burglaries that year
  • That equates to 13.29 burglaries per every 1,000 residences
  • By comparison, the national burglary rate is 7.02 per every 1,000 homes

Fort Worth residents have nearly twice the risk of burglary as to most Americans. A Fort Worth condo insurance policy, also known as an H06 insurance policy, can provide you with compensation for property loss or damage caused by property crimes and a whole lot more.

How Much Are Fort Worth Condo Insurance Premiums?

As with any type of home policy, your condo insurance rates will depend upon many different factors, including:

  • The value of your personal property
  • The amount of liability coverage purchased
  • The location of your home
  • The security measures taken by your condominium complex
  • Your claims history

Condominium and townhome complexes have a building association that carries the policy on the structure of the building and any common areas. This means that your condo insurance just needs to cover the property inside your unit, including interior walls, floors and ceilings.

Condo insurance is significantly less expensive than traditional homeowners insurance because there are fewer inherent risks when the exterior of a building is already covered separately. The best way to determine your own condo insurance costs is to get quotes from a variety of insurance companies. An agent in the Trusted Choice network can supply these for you.

Look for Fort Worth Condo Insurance Discounts

Some insurers offer townhome policy discounts. These help attract customers that proactively reduce risks. Some examples of discounts you might find when shopping for a policy include:

  • Multi-policy discounts
  • Discounts for having fire and burglar alarms installed in your home
  • Claims-free renewal discounts
  • Discounts for opting for automatic electronic payments on your premiums

What Does Fort Worth Condominium Insurance Cover?

These are the basic coverage types you can expect to find with your condo insurance policy:

  • Personal property coverage: This covers all property inside your unit including flooring, appliances and fixtures. It's a good idea to buy enough coverage to fully replace your items if you should suffer a devastating loss. Valuable or specialty items such as jewelry, electronics and original artwork may require an additional rider, or endorsement, to be fully covered.
  • General liability coverage: This provides coverage if a guest is injured in your home. It also gives protection if you are sued for libel or slander. Your policy may even provide coverage for damages or injuries caused by your pets or children, whether this occurs on or off your property.
  • Loss of use or relocation assistance: This can provide you with a temporary place to live if your condo becomes uninhabitable due to a covered event, such as a fire. In many cases, this includes a budget for meals as well.

Compare Fort Worth Condo Insurance Quotes

There is no single insurer or coverage plan that is perfect for every condominium or townhome owner. Condominiums can be valuable assets, so be sure you research your condo coverage carefully before selecting a policy. This can help you protect your investment and save you money on premiums.

A local agent in the Trusted Choice network can help you find a policy that is suitable for your unique coverage and budgetary needs. Your agent can help you make an informed decision by explaining your policy options, suggesting adequate coverage amounts, and giving you a variety of Fort Worth Condo insurance quotes to compare. Contact a local member agent today for more information.

Now, who's ready to get their insurance problems solved?