Beverly Hills Condominium Insurance

Los Angeles County Housing Authority, in their annual report, notes more than 500,000 houses have been designated as either a townhome or condominium. These types of homes, no matter whether used as an individual residence, rental unit, vacation/second dwelling or as a commercial unit, have unique circumstances that must be addressed when considering insurance protection.

Beverly Hills Condominium Insurance differs from your typical homeowner policy, or rental policy, in a number of distinct ways. Bromberg Insurance Services, Inc. can give you the customized protection your particular circumstances call for, as our professionals fully grasp the needs that residents and business owners in Beverly Hills have.

With a more than 47 years of working knowledge inside the insurance and financial services industry, the Bromberg Agency understands and can offer you the protection your condominium or townhome requires. When protecting property with shared permanent structures and shared liability, you will need to know what’s protected by the master insurance policy owned by the Homeowner’s Association and for what you, the individual homeowner, are accountable for when a disaster occurs.

Bromberg Insurance can guide you in making the appropriate decisions prior to something happening. Complete the form on this page and one of our agents will get in touch with you promptly to discuss your needs or for faster assistance, give us a call and talk to a licensed professional agent immediately.

Townhome and Condominium Insurance: Distinctive Property = Distinctive Needs

Beverly Hills Condominium Insurance falls under the same category as homeowners insurance, but that is certainly where the similarity ends. If you invest in a condominium you automatically come to be a member of the Homeowner Association (HOA) and are accountable for the shared maintenance and liabilities for the complete property.

At the same time, a portion of one’s property is covered by the HOA’s master insurance policy, and you usually need an expert to assist you in determining the type of coverage you need to protect your individual unit and your financial responsibilities.

The Bromberg Agency can enable you to identify the kind of master insurance policy owned by the homeowners/condo association and can recommend a suitable type of insurance for your situation. You’ll find two sorts of master policies that a HOA can own and these are:

A Walls-In (also called an All-In policy) policy covers almost everything within the interior in the unit, including the interior surfaces of walls, floors and ceilings of each and every individual unit.
A Bare Walls-In policy covers real property, from the exterior framing inward, but will not cover any fixtures or installations inside an individual unit like cabinets, flooring, kitchen fixtures and bathroom countertops.

The Beverly Hills Condominium owner whose HOA owns a Bare Walls-In policy will demand the greatest quantity of coverage for their interior walls, flooring, cabinetry and possessions. Condo owners who live in a complex covered by a Walls-In policy will demand less protection, but determining how much less should be left to the experts at Bromberg Insurance, as we have been supplying owners with Beverly Hills Condominium Insurance since 1965 and fully grasp the specific wants and needs of condo and townhome owners.

A Cost-effective Option for Beverly Hills Condominium Insurance

Condominium insurance to protect the contents of your unit remains affordable, nonetheless, the question that remains is, “Do you know what you need to cover?” A tiny kitchen fire can trigger thousands of dollars of damage to the interior walls, appliances, cabinets, while smoke can ruin electronics, clothes, furniture and carpeting. Not to mention any damage that might be initiated by firefighters in their attempt to guarantee that the fire is completely out. The time to make contact with a professional is before any problems may arise.

Bromberg Insurance Services, Inc. has been serving residents and organizations within the Beverly Hills community since 1965. We are a full-service agency dedicated to customer service and client satisfaction, as well as supplying a complete Beverly Hills condominium insurance program, we offer you top-rated insurance programs to cover your automobile, your property, your life and any other distinct insurance or financial services needs you may have.

Call us Today for Beverly Hills Condominium Insurance, use the “Instant Call-Back” form or one of the quote boxes and a licensed, professional agent will get in touch with you as soon as possible. At Bromberg Insurance Services, we offer a “Free Comprehensive Insurance Evaluation” anytime you call. We look forward to hearing from you.