Condo
How much of the condo do you own? Are you covered for loss assessments? Let our local agent help you through the unique details of insuring your condo.
How much of your condo do you own?
- The answer depends on your condo association agreement (also called other fancy names like "Declaration of Condominium" or "Master Deed"). Your responsibility will typically fall into one of two main categories:
- "Air space" Ownership (also called "paint-in" or "what I bring in") - You own the inside of the unit, starting from the unfinished interior surfaces - walls, floors and ceilings. This generally does not include fixtures or built-in appliances. You might only be responsible for insuring your own belongings such as furniture, electronics and clothing.
- "Bare walls" Ownership (also called "studs-in") - Your ownership is broader, starting from the roof trusses, floor slabs and exterior walls of the building. This generally includes interior walls, stairs, doors, closets, cupboards, built in appliances, and heating and cooling systems. You'll need broader insurance coverage for this type of condo agreement.
Are you covered for loss assessments?
- Sometimes, condo owners are assessed by their condo association for losses "outside the walls" that were not completely covered by the association's policy.
- You may want to have additional coverage in case this happens. More
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- The answer depends on your condo association agreement (also called other fancy names like "Declaration of Condominium" or "Master Deed"). Your responsibility will typically fall into one of two main categories:
- "Air space" Ownership (also called "paint-in" or "what I bring in") - You own the inside of the unit, starting from the unfinished interior surfaces - walls, floors and ceilings. This generally does not include fixtures or built-in appliances. You might only be responsible for insuring your own belongings such as furniture, electronics and clothing.
- "Bare walls" Ownership (also called "studs-in") - Your ownership is broader, starting from the roof trusses, floor slabs and exterior walls of the building. This generally includes interior walls, stairs, doors, closets, cupboards, built in appliances, and heating and cooling systems. You'll need broader insurance coverage for this type of condo agreement.
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- Sometimes, condo owners are assessed by their condo association for losses "outside the walls" that were not completely covered by the association's policy.
- You may want to have additional coverage in case this happens. More
Tips for talking with your agent
- Bring copies of your condo association agreement to review.
- Take stock of how much you could afford to pay if an assessment is issued.
- Create a home inventory to catalog your personal property.
Condo Resources
Featured Resources
Business Property
Smart, successful businesses are the backbone of thriving communities. Our commercial property insurance can help make sure yours is one of them.
Thousands of businesses close every year from sudden, catastrophic events
- Over 80,000 non-residential building fires occur in the U.S. each year
- Winter storms, tornadoes, water damage, theft, and vandalism also cause major losses
- 40% of businesses never reopen; another 25% close within a year
Commercial property insurance can keep your business open
- Get back up and running fast, minimizing downtime and maintaining customer continuity
- Get coverage for lost income while you're not operational
- Protect yourself from extraordinary recovery costs even if you maintain your income
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- Over 80,000 non-residential building fires occur in the U.S. each year
- Winter storms, tornadoes, water damage, theft, and vandalism also cause major losses
- 40% of businesses never reopen; another 25% close within a year
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- Get back up and running fast, minimizing downtime and maintaining customer continuity
- Get coverage for lost income while you're not operational
- Protect yourself from extraordinary recovery costs even if you maintain your income
Tips for talking with your agent
- Have details of all your business locations on hand
- Share if you take business off your property
- Document your peak seasons and inventory patterns
- Consider how long your business could be down and still recover
Business Property Resources
Featured Resources
Home Insurance
Giving you what you need most in home insurance – a choice.
From basic to the best, we have you covered
- Choose your level of insurance protection:
- Standard - Get the basics with some key optional coverages, like ID Theft protection and Replacement Cost for Personal Property.
- Protection Plus - A step up from the basics with additional and expanded key coverages. You also have the option to add our HomeXtended® Coverages Endorsement.
- Premier - When you need the best. Expanded coverages with higher limits, including special items like silverware and jewelry. Our HomeXtended® Endorsement is automatically included.
- Customize to fit your home and your life:
- Renters insurance policies - choose from three levels of protection
- Condo owners insurance - purchase specific policies for your needs
- Enhanced HomeXtended Coverages Endorsement is automatically included in Protection Plus and Premier. This includes must-have coverages for your cell phone, personal records and identity fraud.
- Identity Fraud Expense Coverage can also be added to Standard level policies (included in Protection Plus and Premier).
- Get both your home and auto insurance together and save money with our Multi-Policy discount. And, add our State Auto Safety 360sm telematics program to your auto insurance policy, and you could earn a discount of up to 50%!
- Fortified Home Discount offers additional savings for homes built to FORTIFIED standards.
- See the list of additional discounts you could get on your home insurance.
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- Choose your level of insurance protection:
- Standard - Get the basics with some key optional coverages, like ID Theft protection and Replacement Cost for Personal Property.
- Protection Plus - A step up from the basics with additional and expanded key coverages. You also have the option to add our HomeXtended® Coverages Endorsement.
- Premier - When you need the best. Expanded coverages with higher limits, including special items like silverware and jewelry. Our HomeXtended® Endorsement is automatically included.
- Customize to fit your home and your life:
- Renters insurance policies - choose from three levels of protection
- Condo owners insurance - purchase specific policies for your needs
- Enhanced HomeXtended Coverages Endorsement is automatically included in Protection Plus and Premier. This includes must-have coverages for your cell phone, personal records and identity fraud.
- Identity Fraud Expense Coverage can also be added to Standard level policies (included in Protection Plus and Premier).
- Get both your home and auto insurance together and save money with our Multi-Policy discount. And, add our State Auto Safety 360sm telematics program to your auto insurance policy, and you could earn a discount of up to 50%!
- Fortified Home Discount offers additional savings for homes built to FORTIFIED standards.
- See the list of additional discounts you could get on your home insurance.
- Choose your level of insurance protection:
Tips for talking with your agent
- Create a home inventory of your belongings.
- Share a list of connected home devices you use.
- Discuss other activities, like volunteering, or possessions, like a boat or RV.
Homeowners Resources
Featured Resources
Related Products
Auto Insurance
Get an auto insurance policy that fits your unique story. (Available in select states. Talk to your independent agent for details.)
Your best choices in auto insurance
- Choose your level:
- Standard - All the must-have basics so you feel secure when you hit the road. You can even add Roadside Assistance.
- AutoXtended Plus - More options to customize. More coverage - more peace of mind.
- AutoXtended Premier - When you need the best. Better coverages with even higher limits.
- Choose your enhancements:
- Get extras like Full Safety Glass Coverage, Roadside Assistance, Accident and Minor Violation Forgiveness benefits and much more in AutoXtened Plus and AutoXtended Premier.
- Enhanced AutoXtended® Coverages Endorsement is automatically included in AutoXtended Plus and AutoXtended Premier. Must-have coverage for your cell phone, pet, keys and more.
- Bundle your policies and save money with our Multi-Policy discount (for homeowners, condo owners, renters and umbrella policies).
- And if you get an auto policy with the State Auto Safety 360® telematics program - You may become a safer driver and earn a premium discount of up to 50%!
- See the list of additional discounts you could get on your auto insurance.
- Coverages may vary by state and offering.
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- Choose your level:
- Standard - All the must-have basics so you feel secure when you hit the road. You can even add Roadside Assistance.
- AutoXtended Plus - More options to customize. More coverage - more peace of mind.
- AutoXtended Premier - When you need the best. Better coverages with even higher limits.
- Choose your enhancements:
- Get extras like Full Safety Glass Coverage, Roadside Assistance, Accident and Minor Violation Forgiveness benefits and much more in AutoXtened Plus and AutoXtended Premier.
- Enhanced AutoXtended® Coverages Endorsement is automatically included in AutoXtended Plus and AutoXtended Premier. Must-have coverage for your cell phone, pet, keys and more.
- Bundle your policies and save money with our Multi-Policy discount (for homeowners, condo owners, renters and umbrella policies).
- And if you get an auto policy with the State Auto Safety 360® telematics program - You may become a safer driver and earn a premium discount of up to 50%!
- See the list of additional discounts you could get on your auto insurance.
- Coverages may vary by state and offering.
- Choose your level:
Tips for talking with your agent
- Let them know if you already have other insurance with us
- Have the make, model, vehicle identification number (VIN) and year of your cars ready
- Have information for all the drivers in your household
- Know how much you typically drive
- Have information on your current car and home policies available
