Before buying a Downtown loft, prospective Downtowners want to know the requirements and benefits of insurance against losses from fire, flood, theft and disasters. HO6 insurance is often required by lenders when buying a condominium unit.
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An HO-6 policy is a regular homeowner’s policy for a condominium unit, with some extras. HO-6 insurance policies cover the interior of the unit along with personal property inside. It’s also known as “walls in” coverage.
Did you know that most Downtown condominium homeowners associations have no earthquake insurance? And most lenders require homeowners to have home insurance. To get more information on condo insurance, contact your insurance provider or call a Downtown loft insurance specialist. The Downtown Real Estate Association is familiar with a particular property/casualty/life insurance agent with Farmers Insurance. Here’s his contact info:
Mark Newman-Kuzel, Farmers Insurance, License Number: 0I93043
3371 Glendale Blvd., #494, Los Angeles, CA 90039
323-660-0076 (Office) mnewmankuzel@farmersagent.com
https://www.farmersagent.com/mnewmankuzel
Downtown Loft Lawsuits and Litigation
More than 20% of current listings involved a building that is currently or recently affected by a lawsuit. Some of these may include 1100 Wilshire, Alta, Evo, Barker Block, Gallery and others. Find out which Downtown loft buildings may be involved in litigation and why. Fill out the online form:
Corey Chambers (213) 880-9910, Realty Source Inc BRE#01889449
HOUSES WITH HIGH CEILINGS AND OPEN SPACE