Condominium and Co-op Insurance: For Real Estate Professionals

Course overview

When a homebuyer is looking to purchase a condominium or co-op, they often think that the insurance policies are the same as a free-standing home. A condominium is is a unique property that will need some of the same coverage as a traditional homeowner's policy, but it will also need additional coverages that are not typical or necessary in a free-standing home. This course aims to educate the real estate agent on condominium/co-op insurance coverages, deductibles, and additional options. Avoiding common problems with this type of insurance when closing a sale is also discussed. Upon completion, the agent will be better educated to answer questions that a homebuyer might ask.