Not all policies are the same. Shop carefully!
A condo policy covers the interior walls, fixtures, cabinets, countertops, floor coverings, hot water heaters and so on. But... it does not cover the building.
Similar to the US and Canada, your condo association should have a commercial 'Master Policy' to cover the building and its systems. It is a good idea for you to review and understand what the Master Policy covers and does not cover to ensure that you have sufficient insurance to protect your property.
Do You Rent to Others?
You need special coverage to protect yourself against damages that long-term or vacation renters may cause to your property or, worse yet, to other condominiums in your building.
Are you a renter?
Renters can and should have liability and contents coverage to protect their personal property. A good Renters Policy from TioCorp Insurance just makes sense.
Would you live without home insurance in the USA or Canada? A TioCorp Home Insurance Policy in Mexico just makes sense.
Get a free Condo Insurance quote now. The cost is a lot less than you might expect.
Protect the yourself and the people in your condominium in case you are sued. With personal liability coverage, you are covered if someone gets hurt while visiting and for unintentional damage you may cause.
If something happens to your condo, insurance will pay to repair it.
A condo policy covers the interior walls, fixtures, cabinets, countertops, floor coverings, hot water heaters and so on.
But... it does not cover the building.
This protects anything inside your condo... clothing, furniture, appliances, computers, jewellery.
In Mexico, many of these are specified perils meaning that you need to declare values on the policy. You need to specify replacement value coverage.
Ask us for details.
In Mexico, optional hurricane and natural disaster coverage is available from some companies. However, this coverage option may not be offered during certain times of the year. If your policy does not have this option, you can add it when it does become available.
Ask us for more details.
You are protected for losses due to theft, with one significant caveat:
Your condo must show signs of forced entry.
Insurance for Mexico