Orange Beach & Gulf Shores Condo Insurance Guide
Posted by Meredith Folger Amon onCoastal Condominium Buyer Guide
Orange Beach & Gulf Shores Condos: What Should Buyers Know About Insurance?
Understanding the master policy, HO-6 coverage, flood insurance, named-storm deductibles and loss-assessment exposure before closing.
The Gulf views may capture your attention first, but insurance is one of the most important parts of purchasing a condominium in Orange Beach or Gulf Shores, Alabama. When I help buyers compare coastal condominiums, I do not look only at the residence, amenities, rental potential and association dues. I also want to understand how the building is insured, what the association’s master policy covers and where the individual owner’s responsibilities begin.
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