The Condo EQ Protector™
The Condo EQ Protector™ is designed specifically to meet
the particular needs of condominium unit owners. Condo owners
want protection for their valuable personal property; coverage
for alterations or additions to their unit; loss of use; and,
coverage for potential loss assessments that can be made by their
association for damage caused by an earthquake.
The Condo EQ Protector™, with a standard 10% deductible
and its broad earthquake protection, can help reduce out-of-pocket
expense and ensure that your condo clients’ valuable assets
will be protected in the event of an earthquake loss.
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The Condo
EQ Protector™ Compare and See the Difference
TYPE
OF COVERAGE
BASIC
EARTH-
QUAKE POLICY
Condo
EQ PROTECTOR
Real Property
$25,000
$25,000
Personal Property
$5,000
Covered up to
policy limits. Limits from $50,000 up to $500,000 are available
Loss of Use (living expenses should you be
forced to live in temporary housing due to a covered loss)
$1,500
$2,500 included
with no deductible
Loss Assessment
Can be purchased for an additional premium,
if available
$5,000 (included)
Deductible
15%
10%, applies separately
to each coverage except loss of use -- there is no deductible
for loss of use coverage
*The insurance policy, not this illustration, forms the contract
between the insured and insurance company. The policy contains
limits, exclusions and limitations that are not detailed in
this document.
