Windham County Condominium Insurance: What to Know When Buying a Condo

Windham County Condominium Insurance What to Know When Buying a CondoWindham County Condominium Insurance: What to Know When Buying a Condo

Buying your first home is a tremendous milestone that requires many financial considerations. This is even truer when buying a condo, since owning one is different from owning a home on your own piece of land. It’s important to be well-informed about the decision you are making. This includes purchasing the right Windham County condominium insurance policy, but there are also other factors to consider before you buy in the first place.

One of the most important financial matters to keep in mind when buying a condo is the condo fees. You should know how much they are and what they cover. Find out when they are due, and what happens if another owner falls behind. You’ll want to ask if the fees include things like snow removal and landscaping. You’ll also want to know how your HOA coverage differs from your Windham County condominium insurance policy, since oftentimes condo owners are unpleasantly surprised when their HOA doesn’t cover certain structural damages.

Here are some other factors to keep in mind before buying a condo:

  • Know your neighbors. Find out what the demographics are of the other condo owners. You may find that it’s mostly young college students who party late at night or older individuals when you want a young family environment.
  • Check the reserve. Make sure that the HOA has adequate funds to pay for emergency repairs. There should always be an emergency fund when you own a condo, especially when it’s in an area prone to inclement weather.
  • Security. Ask about the safety of the neighborhood. Or if your condo is in an indoor complex, check to make sure your neighbors keep the front doors of the building closed and locked at all times.

These are just a few questions to ask before buying a condo. It’s also imperative to read your HOA’s rules, and you may also want to ask about pet policies. Another good idea is to check and see what company does maintenance to the building, to make sure they have a good reputation.

At Byrnes Agency, we’ll help you get the coverage you need with a Windham County Condominium Insurance Policy. We’ll explain in detail what is and isn’t covered, and get you the protection against losses you may incur in the future. For more information on this and our other Connecticut Personal Insurance products, please contact us at one of our various locations:

Dayville Office

Phone: (860) 774-85
394 Lake Rd
Dayville, CT 06241
United States
info@byrnesagency.com
Hours of Operation: Monday- Friday 9:00am-5:00pm

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Norwich Office

Phone: (860) 886-5498
6 Consumers Avenue
Norwich, CT 06360
United States
info@byrnesagency.com
Hours of Operation: Monday- Friday 9:00am-5:00pm

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Woodstock Office

Phone: (860) 928-7928
1226 Connecticut 169
Woodstock, CT 06281
United States
info@byrnesagency.com
Hours of Operation: Monday- Friday 9:00am-5:00pm

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