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Condo Insurance Quotes

Find Affordable Condo Insurance

Condo Insurance policies cover a variety of items, but they are usually standardized. This means that there are certain limits to the coverage of the basic condo policy. Condo Insurance policies usually do not cover flooding, for example. Additional insurance policies are available for residents who require additional degrees of protection. The standard condo policy includes damage to the interior and exterior of the unit, but some restrictions may apply based on the nature of the damage. This type of policy can also provide you with the means to relocate temporarily if the unit is completely destroyed by natural disasters or other uncontrollable events.

There are extra coverage items available for condo owners who need specific items protected. These options can apply to endorsements, which are usually items like personal jewelry and other valuables. Umbrella insurance is available if you want to extend the coverage past the limit of the condominium’s basic liability policy.

Currently Velox Insurance offers Condo insurance in , , , , , , , and . Contact your local agent or give us a call at 855-468-3569 to start saving money on your condo insurance today.


Below are some of the coverages provided by typical condo policies. Your Velox Insurance agent will help you assess what type of coverage is best for your needs.

  • Coverage for damages caused to the physical structure inside your unit such as walls, floors, ceiling coverings, etc.
  • Coverage for damages caused to your personal property inside your condo.
  • Coverage for damages as a result of fire, plumbing freezes, vandalism, smoke, windstorm etc.
  • Coverage for your personal liability if your guests are injured while in your condo.

Get a Condo Insurance Policy at a Discounted Price!

There are plenty of ways for you to save money on your condo insurance. Here at Velox Insurance, we make it possible for you to access a dependable coverage at an affordable rate. See whether you qualify for our discounts.

  • Full Payment Discounts

    Just like other insurance policies, you may be eligible for additional discounts if you pay your condo insurance policy in full. Not only will you save money, you also wouldn’t have to worry about additional expenses for the rest of the policy period!
  • Multiple Policy Discounts

    Get other insurance policies from us along with your condo insurance to save more money. If you can bundle it up with the same carrier you use for car insurance, boat insurance, or other insurance policies you have through us you may earn extra discounts!
  • Fire Fighting Devices Discount

    If there arefire fighting devices installed (fire alarms, sprinkler system, fire extinguisher, and etc) in your condo, you may be entitled to additional discounts.
  • Burglar Alarm Discount

    Burglar alarms don’t only protect you from thieves, they can also help in lowering your condo insurance rates.
  • Construction Date Discount

    You can also get discounts by simply declaring the age of construction of your building.
    To know more about the different discounts we offer, call us at 855-468-3569 or contact your local Velox agency.

Get your Condo Insurance Policy from Velox!

Anything can happen anytime. Be prepared and protect your condo with our reliable condo insurance policy. We offer protection against weather damage, accidental damage, theft, vandalism, and more; all at a very competitive rate. You can also save on insurance rates by qualifying for discounts.

Family in front of their condo.

Our policies are designed in a flexible manner to better serve your needs. Buy condo insurance from us now and enjoy worry-free living! Call us at 855-468-3569 or contact your local agency for a condo insurance quote today.

Frequently Asked Questions About Condo Insurance

How does condo insurance work?

The condo association’s master policy only covers the damages to the external structure of the condo building. Therefore, personal possessions, appliances, and other installed fixtures inside each of the units are not included in the policy. So if you want these valuable items to be protected, you might as well purchase a condo insurance policy.

Is theft covered by condo insurance policies?

Theft or burglary will be covered by your condo insurance if you’ve signed up for personal property coverage. However, you should know that there are items that may be excluded or may have limitations where you need to get additional riders to be fully covered on items like expensive jewelries, art collection, and other valuable items.

How much insurance coverage should I get for my condo?

The amount of coverage you should get will actually depend on your needs. Do an inventory of your items and assess how much it would cost to replace your personal items after a fire or burglary.

How are condo insurance rates calculated?

Your condo insurance rate is determined by the following factors:

  • How much it would cost to rebuild your condo unit
  • How much your homeowners association (HOA) policy covers
  • The worth of your personal possessions
  • The location of your condo
  • The overall condition and age of your condo
  • The pets you own
  • Personal claims history

Does the condo insurance policy cover water damage?

Your coverage on water damage largely depends on the source of the problem. You’re usually covered when the reasons for water damage are burst pipe, water backup, and leaky roof.

For more information about our condo insurance policies here at Velox, call us at 855-468-3569 or visit our office nearest you.

Three ways to get an Condo quote