The CEA condominium-owner policy (for individual condominiums, townhouses, or other common-interest-development properties) is designed to help get you back into your home after an earthquake. When you buy a CEA base-limits condominium policy, you have the choice of three coverage options which may be purchased separately or in combination. The following are the coverage and limit options available:
- Building Property - $25,000
- Personal Property - $5,000; Additional Living Expense/Loss of Use - $1,500
- Loss Assessment - $25,000, $50,000 or $75,000
CEA’s increased-limit options allow you to increase Personal Property coverage to as much as $100,000 and Additional Living Expense/Loss of Use coverage to as much as $15,000.