Condo Insurance in Danville, IN
Condo Coverage That Complements Your HOA Policy
When you own a condo, you're responsible for more than just what’s inside the walls. While your HOA may cover the building’s exterior, it won’t protect your upgrades, belongings, or liability. That’s where condo insurance in Indiana comes in.
At Hadley Insurance, we specialize in tailored coverage for condo owners in Danville, Brownsburg, and Hendricks County. As a veteran-owned, family-run agency, we’re here to make your protection complete.
What Condo Insurance Covers
Our condo policies help fill the gaps your HOA doesn’t cover, including:
- Interior Structure Coverage – Walls, flooring, cabinets, and built-in appliances
- Personal Property – Furniture, electronics, clothes, and valuables
- Liability Insurance – Covers accidents or damage you’re legally responsible for
- Loss of Use – Pays for lodging if your unit becomes uninhabitable after a covered loss
- Loss Assessment Coverage –
Helps pay your portion of shared building damage
Popular Add-On Options
Your condo insurance can be customized with:
- Replacement cost coverage for belongings
- Scheduled coverage for jewelry, art, and collectibles
- Water backup and sump overflow protection
- Identity theft coverage
Who Needs Condo Insurance?
Even with an HOA policy in place, condo owners should have their own protection. This coverage is ideal for:
- Condo owners in Danville, Indiana
- First-time buyers needing extra guidance
- Owners who’ve made interior upgrades
- Residents who want full coverage beyond HOA limits
Local Risks to Consider in Indiana
Owning a condo in Indiana comes with location-specific risks, such as:
- Water damage from neighboring units
- Fire or smoke damage affecting your space
- Theft or vandalism
- Shared building claims passed to you by the HOA
Frequently Asked Questions
Condo Insurance in Indiana
Doesn’t my HOA cover everything?
No — and that’s a common misconception. Most HOA master policies only cover shared spaces and the structure’s exterior. Your personal belongings, interior upgrades (like floors or cabinets), and liability coverage are your responsibility. That's why it's critical for condo owners in Danville, Indiana to carry a personal condo insurance policy.
What is loss assessment coverage, and do I need it in Indiana?
Yes — especially in communities like those across Hendricks County. Loss assessment coverage helps pay your share of costs if your condo association charges you for damage to shared property (like roofs or walkways) or legal claims involving the building. It’s a smart safeguard for any Indiana condo insurance plan.
What if I rent out my condo — am I still covered?
If you’re leasing your condo to tenants, you’ll need a landlord or rental dwelling policy instead of a standard condo policy. At Hadley Insurance, we’ll help you choose the right type of coverage based on how the unit is used, so you're fully protected whether you're living in it or renting it out.
Can I bundle my condo insurance with auto or umbrella policies?
Yes! Many of our clients in Danville and Brownsburg save money by bundling their condo insurance with other policies like auto insurance or umbrella liability. Bundling also makes billing easier and keeps all your policies under one roof — ours.
Is condo insurance required in Indiana?
While the state doesn’t mandate it, most mortgage lenders require condo insurance before closing. Even if yours doesn't, having coverage is essential to protect your investment, personal property, and liability. At Hadley Insurance, we help condo owners across Indiana understand what's needed — and what’s smart.
Get Complete Condo Protection — Inside and Out
Condo Insurance in Danville & Hendricks County You Can Count On
With Hadley Insurance, your condo is more than covered — it’s protected by people who care. Get personalized service, competitive rates, and coverage that fits your unique space.