What is loss assessment coverage?
Loss assessment coverage can help prevent a condo owner from paying out of pocket if their condo association issues a special assessment for expenses related to an insurance claim outside the walls of their unit.
Loss assessment coverage is often an optional protection that can be added to a unit owner's condo insurance policy.
Check with your insurance provider to see if you have Assessment Coverage.
Loss assessment coverage can help prevent a condo owner from paying out of pocket if their condo association issues a special assessment for expenses related to an insurance claim outside the walls of their unit.
Loss assessment coverage is often an optional protection that can be added to a unit owner's condo insurance policy.
Check with your insurance provider to see if you have Assessment Coverage.
