Smallwood’s condo insurance offers standard coverage for your unit, belongings, and personal liability, with optional add-ons for extra protection.
 

Common covered perils include:

• Theft

• Fire and smoke

• Vandalism

• Sudden and accidental water damage from plumbing, appliances, or HVAC systems
   

Key coverages include:

Personal Property Coverage
Covers repair or replacement of your possessions, including furniture, electronics, and clothing, if damaged by a covered event. You can typically choose between:

• Actual Cash Value – reimburses for the current value of items, factoring in age or condition.

• Replacement Cost – reimburses for the depreciated value initially, then pays the remaining amount once you replace the item.
   

Liability Coverage
Helps pay expenses if someone is injured in your condo or if you accidentally damage another person’s property.
 

Guest Medical Coverage
Covers medical costs for visitors injured on your property, even if you aren’t at fault.
 

Additional Living Expenses
Reimburses for extra living costs if you temporarily cannot stay in your condo after a covered claim, such as meals or temporary housing.
 

Building Property Protection
Covers parts of your unit that aren’t considered personal property—like cabinetry or appliances—if they’re damaged by a covered event. Some of these items may also be partially covered under your condo association’s master policy.
 

When you choose a Smallwood condo insurance policy, you can select coverage limits and deductibles that fit your needs and lifestyle.