You condo association has condo insurance, but that usually only covers the building and the commonly owned property as well as liability insurance for the association. What is doesn't cover, though, is loss of your personal property as a result of theft, water damage or if someone is injured in your particular unit.

Look into condo insurance information to protect personal property and investment property. Look to cover from such hazards as fire and lightning, smoke damage, weight of ice or snow, freezing damage, wind and hail, falling objects, vandalism, plumbing problems, electrical damage or theft.

To make the most of available condo insurance information:

1. Gain an understanding of condo insurance information basics.

2. Search for a condo insurance list comparison site

3. Look at the products and services of major condo insurance providers.

Action Steps
The best contacts and resources to help you get it done

Brush up on condo insurance information basics

Understand why you need condo insurance and what coverage is available. Determine what possible products and services that you need prior to contacting a provider for quote.

I recommend: Consider at information from the Insurance Information Institute on what type of insurance you need for a co-op or condo. Look at the many reasons from GEICO why you should have condo insurance. See what MSN has to share about condo insurance information. Check out condo insurance basics from Insure.com.

Run a condo insurance provider search

Use one of the many search engine tools to run a condo insurance provider price and service comparison.

I recommend: Run a search for a condo insurance provider through Condo-Insurance.org. Perform a quote comparison through InsureMe. Compare prices through InsWeb. Get quotes from the nation's top insurance providers from Insurance Rate.

Look at condo insurance information from major insurance providers

See what the big companies in the industry can offer you as far as prices and condo insurance information. Big companies can often offer you the most competitive pricing because they have such broad coverage and large number of clients.

I recommend: Get a free online quote from Liberty Mutual for your condo insurance. Check out the condominium unit owners insurance coverage through State Farm. See what coverage is available through Allstate Insurance. Look at what coverage is available through Nationwide.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  Determine what condo insurance is needed by looking at your ownership and insurance responsibilities in your condo association's Master Deed.
• •  Also find condo insurance for expensive personal items. Purchase policies for items such as jewellery, televisions, computers, stereos or furs that need extra coverage.
• •  Consider speaking to your condo insurance provider for multiple policy lines. By adding your car insurance and your health and/or life insurance as well will help give you even greater savings with your insurance provider.