The top-rated condo insurance agent in Peabody, Massachusetts is Asset Insurance Agency, rated 4.9 stars across 535 reviews. Other highly rated options include Duffy Insurance, Davila and DeFusco Insurance Agency, NewFed Insurance. This directory lists 18 condo insurance agents serving Peabody.
Comparison
| # | Name | Address | Phone |
|---|---|---|---|
| 1 | Asset Insurance Agency | 2 Bourbon St Suite 201 | (781) 210-2227 |
| 2 | Duffy Insurance | 49 Margin St | (978) 854-0014 |
| 3 | Davila and DeFusco Insurance Agency | 160 Main St Ste 104 | (978) 909-1929 |
| 4 | NewFed Insurance | 45 Central St | (781) 241-1224 |
| 5 | Consoles Insurance Agency | 200 Lake St #201b | (978) 223-4037 |
| 6 | Zannino Insurance Agency, Inc. | 16 Foster St First Floor | (978) 531-5757 |
| 7 | Wood & Associates Insurance Agency, Inc. | 141 Summit St | (781) 581-5900 |
| 8 | Gil Eli: Allstate Insurance | 215 Newbury St # 1 | (978) 326-1163 |
| 9 | North Shore Travel & Insurance Inc | 111 Foster St # 1 | (978) 531-2755 |
| 10 | B & S Gillis Insurance Inc | 7 Washington St | (978) 532-3355 |
Asset Insurance Agency serves Peabody and Essex County, specializing in condo insurance for local homeowners and association members. Their work focuses on securing building and personal property coverage specifically designed for condominium units. They also assess liability risks common in shared living environments and unit-owner exposures within Massachusetts’ regulatory framework. Additional services include reviewing master policy deducibles for individual unit assessment and arranging loss assessment coverage for common area incidents.
Duffy Insurance provides comprehensive condo insurance agent services to clients in Peabody, Massachusetts and the surrounding region. It helps owners assess their coverage needs, from interior structures to personal belongings, and explains common master policy differences. The company assists with reviewing existing plans, adjusting deductibles, and understanding loss assessment coverage requirements. It services single-family homes, apartments, retail establishments, and local restaurants needing appropriate condo unit protection.
Davila and DeFusco Insurance Agency serves condo owners and property managers in Peabody, Massachusetts, helping them tailor coverage for their specific needs. They provide guidance on common insurance elements such as dwelling protection, personal liability, and loss assessment coverage. The agency also assists clients with understanding the unique requirements of condo association master policies. Their service area includes neighboring communities like Salem and Danvers, offering support to residents across the North Shore region.
NewFed Insurance serves condo owners, landlords, and property managers in Peabody, Massachusetts, helping them secure coverage that protects individual units and shared building structures. As a condo insurance agent, the company assists clients in understanding the gap between a master policy and personal belongings, liability, and loss assessments. Policies can be tailored to fit each condominium’s specific requirements and bylaws. NewFed Insurance also extends its services to nearby Salem and other communities throughout Essex County.
Consoles Insurance Agency specializes in tailored condo insurance policies for Peabody area residents, covering unit interiors, liability protection, and loss assessment coverage. It also assists clients in navigating the complexities of master policy gaps and personal property limits. The agency works to match coverage with individual condo association requirements and individual homeowner needs. Many Peabody condo owners turn to Consoles Insurance Agency for guidance before the annual homeowners association deadline renewals or during winter months when frozen pipe risks increase.
Zannino Insurance Agency, Inc. serves clients seeking to protect their residential investments. The company specializes in condo insurance, helping unit owners secure coverage for interior structures, personal property, and liability exposures. Its team works with local Peabody policyholders to tailor policies that address individual building requirements and association bylaws. Beyond residential condominiums, the agency can assist with commercial risks such as small offices, warehouses, and food service operations.
Wood & Associates Insurance Agency, Inc. serves Peabody, Massachusetts, and the surrounding North Shore communities, handling condo insurance coverage for individual unit owners. The agency assists clients in securing policies that protect personal property, interior fixtures, and liability exposures typically found in condominium associations. To handle a typical job, it begins with a review of the master policy and the client's unit details to identify coverage gaps, then recommends appropriate endorsements or separate policies to address those specific needs.
For a new policy, North Shore Travel & Insurance Inc provides an initial consultation to assess a client’s unique coverage needs, while ongoing services involve policy reviews and updates. The firm handles condominium insurance for residents in Peabody, MA, focusing on common union requirements and personal liability gaps. Claims assistance is managed through the established insurer network rather than directly by the agency. Service for existing condominium policyholders is arranged on an as-needed basis for changes or inquiries.
Based in Peabody, MA, B & S Gillis Insurance Inc provides residential condo insurance services to local property owners. Commercial coverage is also offered to serve the varied insurance needs of area businesses. The agency extends its service across Peabody and the surrounding communities in the region. A focus on clear policy explanations helps clients understand their protection details. Follow-up service is provided between regular visits to address any policy questions or adjustments that may be needed.
What Does a a Condo Insurance Agent in Peabody Cost?
Typical condo insurance costs in Massachusetts range from $200 to $600 per year for a standard HO-6 policy. Factors include the unit value, deductible chosen, and location in Peabody near flood zones. Loss assessment coverage and high value personal property add to the premium. This is general information not insurance advice.
About condo insurance agents in Peabody
Condo insurance agents in Peabody Massachusetts help unit owners secure HO-6 policies that cover personal property and interior improvements. Massachusetts law requires condo associations to carry a master policy but individual owners need their own coverage for deductibles and upgrades. Local agents understand Peabody flood zones and winter weather risks that affect premiums.
Frequently Asked Questions
What does a condo insurance agent in Peabody do?
A condo insurance agent explains the difference between the association master policy and your HO-6 policy. They help you choose coverage for personal liability, loss assessment, and interior fixtures. Agents also advise on Massachusetts specific requirements like the $1,000 minimum deductible for water damage claims.
Is condo insurance required in Peabody Massachusetts?
Massachusetts law does not require individual condo owners to carry insurance. However most lenders and condo associations require an HO-6 policy as a condition of the mortgage or bylaws. Your agent can help you meet these requirements.
How does the master policy affect my condo insurance in Peabody?
The condo association master policy covers common areas and the building structure. Your HO-6 policy covers your personal property, interior upgrades, and liability. Massachusetts allows associations to use either an all-in or bare walls master policy which changes what you need to insure.