Month: September 2025

Condo insurance in Falcon, CO is designed to cover damages from various events, with many policies including tree damage if it’s caused by a covered peril. If you’re concerned about potential damage, it’s important to ensure you have adequate coverage before disaster strikes.

Covered Perils

Insurance companies consider several factors when deciding whether they’ll cover tree damage. One key factor is whether a covered peril, such as a fire or a natural disaster, included in your policy, caused the damage. Many policies exclude specific natural disasters and require condo owners to purchase additional coverage.

Most policies also exclude damage caused by a leaning tree that falls over if it was already leaning and needed to be cut down. Cutting down the tree is considered preventative maintenance, which is the building owner’s responsibility. However, if the tree were struck by lightning and the lightning caused it to fall, it may be covered by a policy from Pikes Peak Insurance Agency.

What Property Is Damaged

It’s essential to consider what was damaged by the tree and whether it’s your responsibility. Many building owners have a master policy on the building and shared property. This often covers the roof, other shared parts of the building, and shared amenities, such as tennis courts. The master policy typically covers damages to these areas.

If the property damage involves your personal belongings, your condo insurance policy can likely help. These policies often cover personal property, appliances, and other items located inside or directly outside your condo.

However, most policies exclude vehicles. Your condo insurance policy likely won’t cover them. Instead, you’ll need to contact your auto insurance company for coverage related to vehicle damage.

There are many factors that insurance companies consider in these situations, and most are specific to the circumstances. It’s important to speak with an agent at Pikes Peak Insurance Agency to determine what’s covered by your policy. Contact us today to learn more. We proudly serve the Falcon, CO area.