Is your Property insurance adequate?
Property insurance covers buildings, contents, rents, or property of others in your possession from perils like fire, water damage, and theft. The state of Minnesota has the largest volume of townhomes and condominiums located in the seven-county metro. It’s essential that you have the right kind of coverage. Minnesota is now considered a catastrophic state due to the large volume of wind & hailstorms that occur annually.
Insuring your property for 100% replacement cost is required by most condo/townhome bylaws. Make sure you are getting this type of coverage to be in compliance.
Reach out to us and we can provide you with the most up to date replacement cost for your Association