Condominion Insurance

There is many residential flat in an apartment building. There are many owener for each flat of an apartment building. They have common wall,roof plumbing ,heating and air conditioning systems. So the owner of individual residental flat have also common interest in the whole building. The condominiom insurance covers the building and equipment used to maintain or servive the building such as fire extinguisher, equipment and outdoor fornitune.if required by the condominiom association agreement the from also covers fixtures improvements and alterations that are part of the building, land apliances within individual units such as a refrigerenetor, washing machine, private computer, dishwasher etc.However insurance on the building owner's personal property such as furnitune , and household contents. In addtion, the form covers business personal property and the personal property of others in the named insured's care and costody.