Condo Insurance
Choosing condo insurance means finding the right level of protection for your needs and budget. YourPlan offers three coverage tiers designed to make that decision even easier. Review your options to see how you can customize your coverage.
Compare condo coverage options with YourPlan
YourPlan builds on the standard coverages in your condo policy and gives you flexible tiers with additional options to modify features for more peace of mind or adjust coverages that may not align with your needs.
Our Essential, Advantage and Signature tiers build on one another, with each level adding additional coverages and benefits to the last. The comparison chart below shows what’s included in each tier on top of the many standard coverages already built into your condo policy.
| Essential | Advantage | Signature | |
|---|---|---|---|
| Loss Assessment1 | $1,000 | $1,000 | $50,000 |
| Home Equipment Breakdown | - | $50,000 | $100,000 |
| Limited Special Computer Equipment1 | - | $1,000 | $5,000 |
| Refrigerated Property1 | - | $250 | $500 |
| ID Theft | - | Included | Included with Family Cyber |
| Family Cyber Protection with ID Theft | - | - | Included |
| Large Loss Deductible Waiver | - | - | Up to $1,000 deductible waived |
| Claim Forgiveness | - | - | Up to $3,000 claim forgiven |
Coverage and feature availability may vary by state.
Learn more about these coverages
Below is a brief overview of the condo coverages and features available through YourPlan.
Loss Assessment
This coverage helps pay for charges made to all unit owners in your complex by your condo association for damage to common areas from a covered loss.
Home Equipment Breakdown
Home Equipment Breakdown coverage helps protect against sudden, unexpected breakdowns of covered home equipment (e.g., washing machines and water heaters) by helping pay for repairs, replacement or certain related costs.
Limited Special Computer Equipment and Electronics
This coverage specifically helps pay for repair or replacement of electronic devices, like laptops, smartphones and tablets, from losses not typically covered under the standard condo policy, such as accidental damage.
Refrigerated Property
If your home is affected by a storm or power outage, this feature helps cover the cost to replace spoiled food in your refrigerator and freezer.
ID Theft
Identity theft coverage helps you recover from the financial and personal impacts of having your identity stolen, such as legal fees, lost wages and expenses related to restoring your identity.
Family Cyber Protection
This feature includes Identity Theft Protection and also helps cover certain costs associated with cyber events affecting you and your family members, providing support when digital threats impact your household.
Large Loss Deductible Waiver
Large Loss Deductible Waiver helps reduce your out-of-pocket costs by waiving up to $1,000 of your deductible when a covered loss under your condo policy reaches $25,000.
Claim Forgiveness
Condo Claim Forgiveness helps protect you from a rate increase after a qualifying home claim (not exceeding $3,000). That means more confidence your premium won’t jump because of a single covered loss.
Bundle-exclusive benefits
Managing your insurance is easier when your policies are all in one place. At Amica, you can combine your policies and save, whether you choose Essential, Advantage or Signature.
Multiline Discount2
Save up to 30% when you bundle your auto, home and life insurance policies with Amica.
Single-Loss Deductible3
Pay no more than one deductible if your home and vehicle are damaged in the same covered loss.
12-Month Auto Rate Lock4
Combine home and auto insurance and your auto rate won’t increase in the first year.
1 Limits may be modified.
2 Discounts not available in all states and may vary.
3 Your home and auto policies must be written by Amica and must include a Single-Loss Deductible endorsement. The deductible for the covered loss will be the highest single deductible that applies to any item of covered property loss. Other terms and conditions may apply.
4 Your home and auto policies must be part of the Essential, Advantage or Signature offerings by Amica. Other terms and conditions may apply.
AMIC-18-050827