405 Cornelia Plaza Dr
Cornelia, GA 30531
Phone: 706-395-2522Get Directions
235 Pearl Nix Pkwy Suite 8
Gainesville, GA 30501
Phone: 770-297-1166Get Directions
783 South Main Street Suite 10
Cleveland, GA 30528
Phone: 706-200-1130Get Directions
We are happy for you as you approach owning your next condo. Gainesville, GA has thousands of beautiful condo's for sale and you have your eye on one of them. Your insurance needs are going to be different from the insurance needs you would have as a homeowner. Let us iron out the nuances so that you can focus on important things like how to decorate that gorgeous new piece of property.
Since you are in the market to purchase a new condo, it is not as important for you to know all of the parameters of owning a home. The differences between homeowner's insurance and condo owner's insurance are slight but significant.
The major difference is that with your condo-owners policy you are not responsible for any property that is outside of your dwelling space. That is you are not responsible for the remaining structure of the building at all. The unit that is next door to yours may be only a few inches away however you have no liability for that property.
Your shared spaces are usually jointly owned by yourself and the other condo owners who occupy the building. Typically, these common areas are insured by your homeowner's association. That is typically a part of why you must pay your HOA dues.
The agents at Chastain Agency Inc. in Gainesville, GA are aware of the rules and laws that govern your condo-owners policy. We want to make certain that you are well protected and are not left in a vulnerable position if any incident arises that you must file a claim for.
Call the informed agents at Chastain Agency Inc. to learn how to best protect your prospective new condo purchase in Georgia with a comprehensive condo owner's policy today at 770-297-1166.