Allstate^® Condo Insurance

A: Many lenders may require you to purchase a policy from a company that offers condo insurance. This policy is sometimes called "walls-in" coverage or HO-6 insurance. It helps cover the interior walls, fixtures and personal property within your condo. Allstate's condo insurance meets HO-6 requirements.

A: Raising your deductible is one way to save money. You may also qualify for a discount if your condo is new or if you've made it safer by installing smoke alarms, fire extinguishers or a security system. Learn more about condo insurance discounts.

A: Condo insurance protects an owner from accidental and sudden losses. However, there are some losses that aren't covered.

Breakdowns in the home.
Most condominium insurance does not cover basic maintenance repairs. For example, if your water heater cracks, your coverage most likely will not help to replace the water heater. (But it might help pay for the damage to your floors.) That's why it's a good idea to have all your heating, cooling and plumbing systems regularly serviced.

Floods, earthquakes and water backup.
Floods, earthquakes and water (sewer) backups are excluded from most condo insurance policies. If you want to purchase additional insurance to cover these events, talk to your Allstate agent or call 1-800-ALLSTATE.

Most condo insurance policies cover your contents up to a certain value. But certain valuables, like expensive jewelry, furs and silverware may require extended coverage to cover their full value. You might also consider coverage to cover lock replacements, satellite dish antennas, computers and fire department charges. Check with your Allstate agent to learn more.

A: No. Your condo association's insurance covers parts of the building structure but, generally, doesn't cover your personal belongings like your furniture, clothes and electronics. A condo policy will help you repair or replace your possessions if they're damaged by a covered peril (like theft, fire, smoke and more).

A: Calling Allstate as soon as possible can help speed up the claim process. Even if you don't have all the information, you can always provide us with additional details later.

A: Taking an inventory of your belongings before anything happens can be very useful in verifying what you have and what it's worth. Allstate's Digital Locker can help you keep track of your stuff.