Condo insurance is a package that provides coverage for your condo and possessions. It also provides liability coverage when you're legally responsible for a covered accident not excluded under the policy. If someone other than you or a resident of your household is injured in a covered accident on your insured premises, your American Family condo insurance provides medical expense coverage.
Condo insurance provides protection against accidental direct physical
loss. You'll have the peace of mind that you are protected financially
against covered losses that occur to your condo and contents. It also
provides liability protection. This coverage will pay compensatory damages
up to your policy limit if you're legally liable because of bodily injury
or property damage as covered by the policy and not excluded. An important
reason to have condo insurance is that banks and mortgage companies
typically require it before they lend you money to purchase your home.