{"id":14,"date":"2018-09-28T02:00:00","date_gmt":"2018-09-28T14:00:00","guid":{"rendered":"https:\/\/www.tackettinsurance.com\/blog\/?p=14"},"modified":"2018-10-01T12:29:06","modified_gmt":"2018-10-01T18:29:06","slug":"the-pros-and-cons-of-condominium-insurance","status":"publish","type":"post","link":"https:\/\/www.tackettinsurance.com\/blog\/the-pros-and-cons-of-condominium-insurance\/","title":{"rendered":"The Pros And Cons Of Condominium Insurance"},"content":{"rendered":"<p>The agents of Tackett Insurance, Inc. in Oxford, MS are experts in all categories of home insurance and should be consulted before you purchase your home.&nbsp;When you are purchasing your first home, you better know what you are buying.&nbsp;Are you buying a condominium, townhouse, single family home, or a detached condominium?&nbsp;<\/p>\n<p>An inexperienced real estate agent or an attorney whose area of specialty is not real estate cannot be depended on to determine the right category of home.&nbsp;The time to decide on the right category of a home must be made before closing or buy the property.&nbsp;There are situations where the developer did not follow state regulations and a homeowners association was not established after the last lot in the development was sold. The legal implications are dire if you thought you were buying a condo and ended up buying a townhouse or you thought you were buying a single family home where you owned the land and houses interior and exterior, and then found out that you purchased a detached condominium.<\/p>\n<p>Condominium insurance is unlike homeowners insurance.&nbsp;The condo owner&#8217;s policy typically would cover interior walls, personal property, valuables, and appliances. It will also pay for fire and smoke, explosions, wind and hail, theft, vandalism, lightning,&nbsp;and burst pipes, but will not pay for earthquakes,&nbsp;floods, nuclear hazards, damage from birds, rodents and insects, wear and tear, and damage from underground water (such as sewer backups).<\/p>\n<p>Your policy will also protect the condo owner against liability claims if the owner is responsible for a third person&#8217;s injury, medical expenses, or property damage, or any legal fees as a result of a lawsuit.<\/p>\n<p>Contact&nbsp;Tackett Insurance, Inc. in Oxford, MS and make an appointment.&nbsp;Please call before you purchase!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The agents of Tackett Insurance, Inc. in Oxford, MS are experts in all categories of home insurance and should be consulted before you purchase your home.&nbsp;When you are purchasing your first home, you better know what you are buying.&nbsp;Are you buying a condominium, townhouse, single family home, or a detached condominium?&nbsp; An inexperienced real estate [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[5,8],"class_list":["post-14","post","type-post","status-publish","format-standard","hentry","category-insurance","tag-oxford-ms","tag-tackett-insurance-inc"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.tackettinsurance.com\/blog\/wp-json\/wp\/v2\/posts\/14","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.tackettinsurance.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tackettinsurance.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tackettinsurance.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tackettinsurance.com\/blog\/wp-json\/wp\/v2\/comments?post=14"}],"version-history":[{"count":1,"href":"https:\/\/www.tackettinsurance.com\/blog\/wp-json\/wp\/v2\/posts\/14\/revisions"}],"predecessor-version":[{"id":15,"href":"https:\/\/www.tackettinsurance.com\/blog\/wp-json\/wp\/v2\/posts\/14\/revisions\/15"}],"wp:attachment":[{"href":"https:\/\/www.tackettinsurance.com\/blog\/wp-json\/wp\/v2\/media?parent=14"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tackettinsurance.com\/blog\/wp-json\/wp\/v2\/categories?post=14"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tackettinsurance.com\/blog\/wp-json\/wp\/v2\/tags?post=14"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}