Condo Insurance

Condo Insurance in Maryland & Delaware

Your condo could be home or home away from home at the beach. Whether you have a condo in Ocean City, Maryland, or Bethany or Rehoboth Beach, Delaware, you want to make sure you have Condo Insurance to cover and protect all your property and belongings.

What’s the difference between condo and home insurance?

It all comes down to how much your policy needs to protect. For a home, your coverage should include both the inside and outside of the property. When you own a condo, you are only responsible for the interior of the unit and your personal property.

Condo association fees may cover some of your insurance needs, including protection for the outside of your building and common areas. What it doesn’t cover is what’s inside your unit which is why you need condo insurance coverage to help protect against losses and repair costs. It often provides protection for theft, vandalism, and fire and water damage.

Staples & Associates wants to protect everything that’s important to you at home and at the shore!

Dwelling Insurance

This insurance helps protect the structure, built-in appliances and wall-to-wall carpet of your condo from damage.

Other Structures Coverage

This option covers property not attached to your condo. This can include a detached garage or a gazebo.

Contents Coverage

This protection helps cover your furniture, clothing, and other items in your home from fire, smoke, wind and theft as defined by your policy.

Personal Liability

This insurance consists of two parts: bodily injury and property damage. If an accident occurs in your condo that damages someone or something, personal liability can help pay for the damages.

Personal Umbrella Liability Insurance

A personal umbrella policy offers an extra layer of protection for your assets. This includes bodily injury, property damage, and personal injury to others for which you are held liable.

Medical Payments to Others

This condo coverage may help pay for medical or funeral expenses of someone who is injured on your property.

Loss of Use Insurance

This insurance may help pay for an increase in living expenses if you are unable to live in the home after a covered loss.

Ordinance or Law Insurance

This insurance may help pay to rebuild your condo to current building codes after a covered loss.

Earthquake Coverage

This insurance provides additional coverage due to earthquake damage. A separate deductible applies.

Scheduled Personal Property

This insurance provides additional coverage for high value items such as jewelry, watches, antiques, and fine art.

Extended Replacement Cost on Contents

This condo insurance coverage may help pay to replace or repair personal property without depreciation being taken from the value of the property.

Water Backup of Sewer

This broadens the coverage for loss due to water backup through sewers or drains.

Replacement Cost Plus

This coverage can pay up to an additional 20% of your home coverage limit if there is a total loss of your home and additional money is needed to rebuild.

Building Coverage Protects Your:
  • Electrical and plumbing systems
  • Furnaces and water heaters
  • Refrigerators, cooking stoves, and built-in appliances like dishwashers
  • Permanently installed carpeting
  • Permanently installed cabinets, paneling, and bookcases
  • Window blinds
  • Foundation walls, anchorage systems, and staircases.
  • Detached garages
  • Fuel tanks, well water tanks and pumps, and solar energy equipment

Get a free insurance quote thats works for you.

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