Home, Auto, and Theft Insurance

By definition, a condominium—or condo—is an apartment, house, office building, or other multiple-unit complex in which the units are individually owned. In contrast, a cooperative—or co-op—is a building owned and managed by a corporation in which shares are sold, entitling the shareholders to occupy individual units in the building.

A vacation home can be a family’s most treasured asset. Whether it’s a ski lodge in Colorado, a beach house in Florida, or a small condominium in New York City—the right insurance policy is essential to ensuring your vacation home is protected. There are small caveats to be aware of when securing vacation home insurance. The expert advice below should help guide you properly when making this integral purchase.

While it is easy to discuss all the negative aspects associated with a claim, I try to put a different spin on it at my own agency. I have instilled the value in my staff that a claim is the truest opportunity for us to prove our service and care to our clients. In this one moment, a broker becomes the single most important person that the homeowner needs to deal with. Homeowners will forever be distressed--and understandably so--when something unexpected happens and causes damage to their property.

Picture this: you are driving home from work on a rainy Tuesday night. You stop at a red light, and put your blinker on to make a right turn. As you turn, a person trying to avoid the rain runs in front of your car and you crash into him. Your first thought it, “Is the person alright?” Luckily the person is alive but has severely injured their arm and wrist. You leave the scene a little shaken up but thankful that no one was killed.