Back to top


How to Read Your Condo Insurance Policy Declarations

What's in Your Policy?

When you purchase Allstate® Condo Insurance, you'll receive Allstate Condo Policy Declarations. This document "declares" the choices you've made for your condo insurance policy, including:

  • Coverages
  • Deductibles
  • Coverage limits
You'll receive a new Allstate Condo Policy Declarations before renewal every year. Log into My Account to view your Allstate insurance policies. It's always a good idea to check your policy declarations to make sure all the information is correct.

Sample Condo Insurance Policy Declarations

Here's an example of an Allstate Condominium Policy Declarations with an overview of some of the key information in it.

The sample declarations document below shows where you can find your:

  • A) Total Premium
  • B) Location and Property
  • C) Policy Period information

Sample Allstate Condominium Owners Policy Declarations document page 1. It has three points, A, B and C, showing where Total Premium, Location and Property, and Policy Period information are on the document.
Total Premium on Condo Policy Declaration.

This is the total premium you will pay for the policy period.

Location of Property on Condo Policy Declaration.

This is the street address of the property that is insured.

Policy Period example on Condo Policy Declaration.

Condo policies typically cover a one-year period. Pay your premium by the due date, and your policy automatically continues for the time period shown.

Your condominium policy declarations will also state your coverages, liability limits and deductibles.

The sample page below shows where you can find your:

  • D) Coverages
  • E) Limits of Liability
  • F) Deductibles
  • G) Type of Personal Property coverage

Sample Allstate Condominium Owners Policy Declarations Page 2.
.
Coverage detail of Condo Policy Declaration.

This shows all the coverages you have as part of your condo insurance.

Limits of Liability detail on Condo Policy Declaration.

The policy limits section shows the maximum limit Allstate will pay for each covered loss*, for each type of coverage.

* What does "covered loss" mean? It's an insurance term that means a loss that falls within the bounds of the policy. Throughout this guide, when we refer to a loss, we assume it is a covered loss.

Deductibles detail on Condo Policy Declaration.

A deductible is the amount you pay out of pocket when you file a claim for a covered loss*. Your policy's deductibles will be shown under each coverage.

* What does "covered loss" mean? It's an insurance term that means a loss that falls within the bounds of the policy. Throughout this guide, when we refer to a loss, we assume it is a covered loss.

Questions? Want to make changes? Call your local Allstate agent or 1-800-ALLSTATE.

Agents are Here to Help Near
Insurance, coverage and discounts are subject to terms and conditions, which may vary by state. Exclusions may apply. Discount amounts and total savings will vary. Policy issuance is subject to qualifications. Allstate Insurance Company, Allstate Indemnity Company, Allstate Fire and Casualty Insurance Company, Allstate Vehicle and Property Insurance Company, Allstate Property and Casualty Insurance Company, Northbrook, IL. Allstate New Jersey Property and Casualty Company, Bridgewater, NJ. Castle Key Indemnity Company, St. Petersburg, FL. © 2020 Allstate Insurance Company, Northbrook, IL.
ECC Monitor: OK