HomeGUARD
Condominium insurance, or HO-6 coverage, is a necessity for every condo owner to purchase before moving into a building with a HOA. While it covers damage to one’s own unit and liability due to one’s negligence, 45% of home insurance claims arise from non-negligent events resulting from water heaters, washing machines, plumbing and appliances. In condominium buildings, events such as these have a high probability of affecting more than one unit and all affected owners must turn to their own insurance for coverage.
“Why my policy? It’s not my fault.”
Scenario
Unit A's washing machine valve springs a leak and damages the hardwood floor of Unit B below.
Without HomeGUARD
Claims Cost:
Covered Amount:
Deductible:
Deductible Reimbursement:
Insured Unit B Cost:
$6,965.00
$6,965.00
$1,000.00
$0
$1,000.00
With HomeGUARD
Claims Cost:
Covered Amount:
Deductible:
Deductible Reimbursement:
Insured Unit B Cost:
$6,965.00
$6,965.00
$1,000.00
($1,000.00)
$0
HomeGUARD coverage provides:
Home Deductible Reimbursement*
Home Deductible Reimbursement is excess to any other applicable indemnity program. Only one (1) Home Deductible Reimbursement benefit will be paid per claim occurrence and only two (2) claims per insured per twelve (12) month period.
Appliance Repair Reimbursement*
Up to a maximum of $500 per repair, $1,000 per membership year.
*Subject to certain terms, conditions, and limitations. Please refer to the program terms and conditions for complete details.
Additional Details:

Contact Us:
Email: homeguard@provantgroup.com