Nationwide Insurance
Condominium Insurance - Nationwide Insurance
- Details
- Category: Nationwide Insurance
- Published on Friday, 23 July 2010 08:40
You’ve worked hard to get where you are, so protect your personal property and condominium with a condo insurance policy from Nationwide® Insurance.
Why you need condominium insurance coverage
Your condo association likely has insurance covering only the common areas and grounds of your condominium complex. If an accident or theft occurs inside your condo, you’ll need additional protection. That’s why Nationwide offers condominium homeowners insurance that can be tailored to fit your unique needs.
Protect your condo from damage and theft
- Fire and lightning
- Windstorm and hail
- Weight of ice or snow
- Smoke damage
- Falling objects
- Freezing damage
- Theft
- Vandalism
- Accidental overflow from plumbing
- Accidental electrical damage to appliances
- Damage by vehicles
Protect yourself, your family and others
- Personal liability for you, your spouse, relatives living with you and persons under 21 in your care
- Protection against claims you're legally obligated to pay
- Payment of the cost of defending claims against you
- Medical expenses of others
- Accidental death benefits
Condominium homeowners insurance discounts
There are lots of ways to save on condo homeowners insurance with Nationwide. We offer discounts for:
- Monitored fire and burglar alarms
- Local ultrasonic burglar alarms
- Fire extinguishers
- Deadbolt locks on all exterior entryways
- Sprinkler systems
- Condo insurance combined with auto insurance or other Nationwide policies
Condo Insurance Discounts
Save on your condominium insurance when you qualify for any of the below condo insurance discounts.
Home and car discount
Combine and save. Get up to a 20 percent discount on your condo policy when you insure your car and home with Nationwide.
Protective device discount
Get up to a 15 percent discount if your home has smoke detectors, fire alarms, burglary alarms or other qualifying devices.
Claims-free discount
Get up to a 20 percent discount when you stay claims-free.
Age of construction discount
Get up to a 30 percent discount based on your home's age.
Age of insured discount
Get up to a 15 percent discount if you are 60 or older.
Personal status discount
Get up to a 5 percent discount if you are married or widowed.
Condo Insurance Coverage
Condominium insurance policies typically provide basic protection. But they may not provide all of the protection you want or need. Consider these additional condo insurance coverage options to tailor a policy that’s right for you.
Scheduled personal property
Provides additional condominium insurance coverage for high value items such as jewelry, watches, antiques and fine art.
Extended replacement cost on contents
Pays to replace or repair personal property without depreciation being taken from the value of the property.
Water backup of sewer
Broadens the coverage for loss due to water backup through sewers or drains.
Source: Nationwide Mutual Insurance Company