Life insurance is the cornerstone of a solid personal financial plan. It takes care of those we leave behind and helps fulfill the dreams we have for our families even when we’re not there.
Wise Insurance Group understands this need and the desire to leave a legacy. How much you need depends primarily on what you want it to do. For instance, some of our clients want enough to,
The options are endless however, what really matters is what are your goals for that money. We work with each client to help determine what that is and then work to find the most affordable way to provide that coverage.
Our approach to life insurance is straightforward;
If you’d like a life insurance quote, click on the link and we’ll prepare a summary of options for you.
Condo association insurance may cover many different common areas that complexes typically have. Depending on a particular policy’s terms and conditions, it might cover:
An insurance agent who specializes in condo association insurance can help associations find a policy that provides robust protection for their common areas.
Condo master policies are often underwritten as bare walls-in, single entity, or all-in policies. The differences between these policy types lie in what features they cover within condominium units:
All-in policies are also called “modified single entity policies.”
Which type of policy a condominium association purchases is up to its board (or members). Associations might purchase a bare walls-in policy if they want to keep premiums as low as possible. An all-in policy might be used to insure a luxury condominium complex, if unit owners can afford the higher premiums.
A knowledgeable insurance agent can help associations decide what type of policy they’d like to carry.
The premiums for condo master policies vary according to many factors. A complex’s location, size, age, construction, features, and other details can all impact cost. So too can many other details that insurers might ask for.
Because premiums vary across policies, associations should check customized quotes to find out how much their complex will cost to insure. An independent insurance agent can assist with getting quotes from several different insurers.
Whatever the cost of a condo master policy, that cost is typically passed onto unit owners as part of their monthly HOA fees. For this reason, association boards should consider policy costs in light of how much the average unit owner would like to pay.
For help insuring a condominium complex that’s in Texas, contact the independent insurance agents at Wise Insurance Group. Our agents will work closely with you to determine what type of policy and what coverages are needed. We’ll then help you compare different policies that meet those requirements, so you can select the best available condo master insurance policy for your complex.