Condo Insurance in South Carolina

Michael Taylor Agency Condo Insurance

Not everyone wishes to purchase a big house for his/her family. Some people instead go for a condo, a cheaper and more manageable option. In most states, including South Carolina, there are separate insurance policies for both homeowners and condo owners. As you might have guessed both are quite similar, yet there are several distinct differences between both policies, and hence, state requirements are different. If you are living in Columbia, SC or any other city within the state, you might want to have a look at these state requirements.

• South Carolina condominium act requires unit owners to carry a master insurance policy that would cover both liability and property development. Besides the master policy, unit occupants are requested to purchase their separate policies to safeguard their belongings within the unit and items that are out of the scope of the master policy.
• Unlike your homeowner's insurance, according to South Carolina law, your condo insurance would typically cover your unit, the interior floors, and the ceiling of your condo. Any other outside structure such as garden and fences would be excluded from the liability list.
• The premium for condo insurance in Columbia, SC and other cities around the state is much lower than a typical home insurance policy. Therefore, it’s more affordable for average people.

If you are interested in purchasing a condo policy for your unit, you should come and visit the office of Michael Taylor Agency in Columbia, SC. Our representatives at Michael Taylor Agency are more than willing to assist you in choosing the right policy based on your requirements and financial capabilities. Speak with our agents to learn more about condo insurance details and how to get started on a policy.