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Tom Steckler Agency, Inc

10432 Coldwater Rd
Fort Wayne, IN 46845

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From Theft to Fire: How Condo Insurance Covers Fort Wayne Residents

Living in a condo in Fort Wayne offers a unique blend of homeownership and convenience. But just like any home, condos are not immune to risks like theft and fire. That’s where condo insurance comes in. Let’s explore how condo insurance can protect you from these and other risks.

Understanding Condo Insurance Coverage

At Tom Steckler Agency, we understand the unique insurance needs of condo owners. Condo insurance typically covers your personal belongings, certain parts of your unit’s structure, and your personal liability. This means if your condo is burglarized or damaged by fire, your condo insurance can help cover the costs to repair or replace your belongings.

Theft Coverage

Theft can be a devastating experience. Fortunately, condo insurance can provide coverage for your stolen belongings, up to your policy’s limit. This can include everything from electronics to jewelry.

Fire Coverage

Fire can cause significant damage to your condo and personal belongings. Condo insurance can help cover the costs to repair or replace your damaged property. It can also provide coverage for additional living expenses if you need to temporarily live elsewhere while your condo is being repaired.

How Tom Steckler Agency Can Help

At Tom Steckler Agency, we’re committed to helping Fort Wayne condo owners navigate their insurance needs. We can guide you through the process of understanding and adjusting your coverage to ensure you’re protected from risks like theft and fire.

Understanding the Difference Between ‘Walls-in’ and ‘All-in’ Condo Insurance in Fort Wayne

When it comes to condo insurance in Fort Wayne, IN, understanding the difference between ‘walls-in’ and ‘all-in’ coverage is crucial. At the Tom Steckler Agency, we believe in empowering our clients with the knowledge they need to make informed decisions about their insurance needs.

What is ‘Walls-in’ Coverage?

‘Walls-in’ coverage, also known as ‘bare walls’ coverage, typically covers everything within the walls of your condo unit. This includes the walls themselves, the floors, and the ceiling. However, it does not cover any fixtures, installations, or improvements made within the unit. For instance, if you’ve upgraded your kitchen countertops or installed hardwood floors, these would not be covered under a ‘walls-in’ policy.

What is ‘All-in’ Coverage?

On the other hand, ‘all-in’ coverage is more comprehensive. It covers everything included in ‘walls-in’ coverage, plus any fixtures, installations, or improvements made within the unit. This means that if you’ve made any upgrades or improvements to your condo, an ‘all-in’ policy would provide coverage for these.

Which One is Right for You?

The choice between ‘walls-in’ and ‘all-in’ coverage depends on your specific needs and circumstances. If you’ve made significant improvements to your condo unit, an ‘all-in’ policy might be the better choice. However, if your condo is relatively unchanged from its original state, a ‘walls-in’ policy might suffice. It’s always best to discuss your options with a knowledgeable insurance agent in Fort Wayne, like those at the Tom Steckler Agency.

Understanding the difference between these two types of condo insurance coverage can help you make the best choice for your needs. Remember, the right insurance policy can provide peace of mind and financial protection in the event of a loss.

Partner Carriers

  • AAA
  • Banner Life
  • Bristol West
  • Dairyland
  • Donegal
  • Encova
  • Foremost
  • Foremost Signature
  • Grange
  • Hagerty
  • Main Street America
  • National General
  • Nationwide
  • Openly
  • Orion 180
  • Principal Life
  • Progressive
  • Prudential