Nationwide Condo Insurance

Finding out whether certain condominiums in your state are eligible for a condo insurance policy under Nationwide can be tricky. But we have done the hard work for you and compiled a list of states which are eligible for a coverage from Nationwide. Cannot find your state on the list? Let us know and we will help you find an insurance provider for your condo.

The price of your insurance coverage is determined by the amount of coverage you need and the deductible you are willing to pay. The deductible is the amount you will pay in case of damages before the insurance cover kicks in. You will pay lower premiums if you opt to have less coverage and a higher deductible. On the other hand, a lower deductible along with more coverage will lead to higher premiums. The best way to decide which to go for is obtaining quotations from different insurance companies and comparing. The current market for condo insurance has a couple of large competitor companies. Their basic insurance bundles contain coverages which are usually regarded as 'add-ons' by other providers. These large companies may also provide coverage for condo loss assessment and a comprehensive policy which covers the belongings in your condo. Not only that, they may provide insurance on items of high value such as jewelry and even cover debris removal. USAA provides affordable condo insurance for all members of the army or armed forces and is one of the few insurance providers which includes acts of war amongst its coverage for damages.

There are several insurance companies on the market providing comprehensive condo insurances. But which one is the best for you? While there are larger condo insurance policy providers, many of the reviews given to them reveal that they may not fulfill their big reputation. Clients have complained that after submitting a claim, some of these providers would stall and require an excessive amount of time to settle a claim. Clients have also noted that they would be requested to provide further documents and proof only to have their claims eventually denied even after submitting all required evidence. Other complaints included that inspectors from a number of these condo insurance providers did not fairly assess the damages, and that some providers took too long to review the damages of the condos which they insured. In comparison, other providers have better reviews, and their customers trust them to give an immediate and fair evaluation of damages. Clients are more likely to give positive testimonials to insurance providers that direct and help them during the process of requesting a claim. Clients also expect to be awarded with loyalty discounts for being long term customers. With all the available client reviews, it all comes down to you at the end to decide whether you would like to entrust Nationwide with your condo insurance.