Condo Insurance in Illinois

MaxGuard Insurance, LLC – Comprehensive Condo Insurance in Schaumburg, IL

Owning a condo provides convenience, comfort, and a sense of community. However, standard homeowners association (HOA) insurance often doesn’t fully protect your personal property or liability risks. That’s where MaxGuard Insurance, LLC steps in. We offer customized condo insurance solutions to safeguard your investment, belongings, and financial security.

Understanding Your Schaumburg Condo Insurance

A condo insurance policy (also known as an HO-6 policy) provides essential protection for unit owners. While your HOA’s master policy may cover the building’s structure and common areas, your personal property and liability coverage remain your responsibility. Our condo insurance includes:

• Personal Property Coverage: Protects belongings such as furniture, appliances, and electronics against theft, fire, and other covered losses.
• Dwelling Coverage (Interior Protection): Covers repairs or replacement of interior structures like walls, floors, and built-in fixtures that may not be covered by your HOA policy.
• Liability Protection: Provides financial security if someone is injured inside your unit or if you accidentally cause damage to another unit.
• Loss of Use Coverage: Pays for temporary living expenses if your condo becomes uninhabitable due to a covered event.
• Loss Assessment Coverage: Helps cover shared damage costs in your condo building that exceed the HOA’s master policy limits.

Our team at MaxGuard Insurance will review your HOA’s policy to ensure you have the right protection for what your association doesn’t cover.

Why Choose MaxGuard for Your Condo Insurance?

• Custom Policies: We tailor coverage to fill in the gaps left by your HOA’s master insurance policy.
• Affordable Rates: Get comprehensive protection without overpaying.
• Expert Support: Our insurance professionals guide you through your coverage options with clarity and care.

Protect Your Condo Today

Your condo is a valuable investment—protect it with the right insurance coverage. Contact MaxGuard Insurance, LLC today for a personalized quote and ensure your home is fully covered.

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