Hashtags: #CondoInsurance #KingstonCondos #HomebuyingTips #RealEstateKingston #ProtectYourInvestmentWhat does my condo fee insurance include?Avoid the most expensive mistakes you can make when buying a condo. Get your condo buying or selling checklist at https://www.kingston-condos.ca or call Melissa Morton at (613) 539-6441.Estimated Reading Time: 2 minutesNavigating the complexities of condo insurance is a crucial step in protecting your investment and personal belongings. Here's what you need to know about what your condo fees cover and why securing personal insurance is essential.Building and Liability Coverage: The BasicsYour condo fees contribute to a collective insurance policy that covers the building's structure and common areas against damages and liabilities, such as accidents occurring on the property. This foundational coverage is essential but not comprehensive when it comes to individual needs.The Importance of Personal Condo InsuranceWhile the building's insurance covers structural and liability issues, it doesn't extend to personal belongings within your condo unit. Just like in an apartment, securing personal insurance for your contents is crucial. This insurance protects your items from theft, damage, and covers personal liability issues that aren't included in the building's policy.Securing the Right CoverageUnderstanding the scope of coverage required for both the building and your personal belongings can prevent significant financial loss. This includes knowing how to navigate the insurance landscape to ensure that your investment and possessions are fully protected.Produced in Kingston, Ontario by Jaeson Tanner https://localyoutube.com -