About Home Insurance - Co-op/Condominium Insurance Basics

A typical co-op or condominium insurance policy might offer the following coverage. Click on each of the terms to find out what they mean:

Coverage Limits

Building Cost Protection $15,000 Limit

Personal Property Protection $35,000 Limit

Loss of Use Coverage $15,000 Limit

Family Liability Protection $100,000 Limit

Guest Medical Protection $1,000 Limit

Additional Policy Features

Property Deductible $250 All Perils

Replacement Coverage

All Risk Coverage
(Exclusions: Flood, Earthquake, War, Nuclear Accident)

Total Cost/Premium $373 per year