Condominium Association Insurance – Umbrella Coverage
As we are located close to the coast, Florida insurance with umbrella coverage is a great option for Condominium Associations in the area. Having half of the year dedicated to hurricane season, which can also bring extreme flooding, umbrella coverage protects you against these catastrophes. How do umbrella policies work? They provide additional coverage and higher limits over your existing general liability coverage, hired and non-owned automobile coverage, workers comp insurance, as well as other policies.
The amount of coverage your umbrella policy needs to depends on how much risk you want to be protected from, and how much you want to spend on your coverage. Depending on what risks are associated with the location of your condominium association the price will vary.
Reach out to one of our Florida insurance agents today to see which umbrella coverage is best for your condominium association.
Does your insurance agent offer you multiple quotes for different umbrella coverage limits?
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