Personal Commercial Professional Life/Group BecomeAgent AboutUs ContactUs

 

 

Thank you for the opportunity to provide you with a free, no obligation Condominium Unit / Town Home owners Quote. Please fill out form completely and click on 'Submit for Quote'. This quotation will be an estimate with the most common coverage amounts. You may add or change coverage and or deductibles to suit your needs.
 
About You:

Name:

Address:

City:

Zip:

Island:

Email:

Phone:

 (optional)

Fax:

 (optional)

Return quote via:

 E-Mail  Phone Call   Fax

About Your Condo / Townhouse:

Association Name:

Building Material of
your home:
Personal Property
Value:		 $

Smoke Alarm /
Burglary System:
Quotes include these coverage limits and deductible. Choose the value that best suits your needs:
Deductible:  

Coverage A:

 Dwelling: $1,000

Coverage B:

 Other Structures: Does not apply.

Coverage C:

 Personal Property: Personal Property Value estimate from above, rounded to the nearest $1000

Coverage D:

 Loss of Use: 40% of Coverage C entered above.

Coverage E:

 Personal Liability:

Coverage F:

 Medical Payments:
 

** Remember  we can only provide quotes for business and residents of Hawaii. Please see the disclaimer for more details and thank you again for your interest.

The Condominium owners Package Policy: a homeowner's policy combines property, liability, and crime coverage in a single policy form. This policy is designed for condominium unit owners to cover their personal property. It is divided into two basic sections: Section I - Property Coverages and Section II Liability Coverages.* This is a named peril policy, see policy declaration for details on specific listed perils covered.
<back>

Association: Most condominium or town home owners are members of an association. A common responsibility of that association is to protect the interests of the property owners. Those associations usually purchase insurance policies which protects the dwellings in the event of fire. Protection against loss of personal property or negligent liability claims is often not covered. The condo or town home owner policy is designed to insure against losses of this nature.
<back>

Personal Property Value: This is an estimated value of the personal property you own or use. Section I of this policy is specifically designed to cover losses of this personal property. Certain unscheduled items have special limits of liability or ceilings as to how much will be covered. Ask your agent to determine if additional coverage is needed to provide you adequate protection for those items.
<back>

Deductible: 
The portion of a loss considered the responsibility of the insured. This is the dollar amount which will not be reimbursed by the insured.
<back>
Section I:
Four basic coverage areas that make up Section I provides coverage for an insured's property. The coverage includes:
Coverage A:
The Dwelling: Provides protection for the basic dwelling alterations, appliances, fixtures, improvements, and other structures. The basic policy provides $1,000 of coverage and may be increased for additional premiums.
<back>
Coverage B:
Other Structures: Generally not a coverage with this type of policy.
<back>
Coverage C:
Unscheduled Personal Property: An insurer will cover unscheduled personal property owned or used by an insured anywhere in the world. At the insured's request, the company will cover personal property owned by:
(1) Others while the property is on the part of the residence premises occupied by the insured.
(2) A guest or a residence employee, while the property is in any residence occupied by an insured.
<back>
Coverage D:
Loss of Use: If the dwelling is uninhabitable following a covered loss the insurance company will provide the insured with either of the following benefits: Additional Living Expense, meaning any necessary increase in living expenses incurred by the insured so that his household can maintain its normal standard of living; or Fair Rental Value, meaning the fair rental value of that part of the residence premises where the insured resides less any expenses that do not continue while the premises is not inhabitable.
<back>
Section II:
This section of a homeowners contract provides personal liability coverage. It's comprised of Personal Liability and Medical Payments to others.
Coverage E:
Personal Liability: Coverage is provided to an insured under this section if a claim is made or a suit is brought against the insured for damages due to a bodily injury or property damage to others. The insurer will pay up to the limit of liability in damages for which the insured is legally liable, and provide a defense at company expense even if the suit is groundless, false or fraudulent. The basic limit of liability provided by a homeowner contract is $100,000 under the HO-91 program. This amount may be increased according to your needs.
<back>
Coverage F:
Medical Payments: Under this section of coverage the company will pay necessary medical expenses incurred or medically ascertained within three years from the date of an accident causing bodily injury. Medical expenses means reasonable charges for medical, surgical, X-ray, dental, ambulance, hospital, professional nursing, prosthetic devices, and funeral services. This coverage does not apply to the insured or regular residents of the household except residential employees. The basic limit of liability provided by this section of coverage is $1,000 per person. This amount may also be increased according to your needs.
<back>

* Please refer to your policy for specific details on coverage and exclusion details.

Info Center | Privacy Policy | Disclaimer

Copyright © 2012 Finance Insurance, Ltd.