Condo Insurance
Many condo owners are surprised to learn that a master condo association policy often covers only the exterior structure and common areas – not the interior of your unit or your personal belongings. That means your walls, upgrades, fixtures, and valuables could be left unprotected without the right condo insurance policy.
We help you review your condo association bylaws and master policy so you clearly understand what is – and what isn’t – covered.
What does condo insurance cover?
While your condo association’s insurance may insure the building itself, it typically does not cover:
- Interior walls, flooring, and cabinetry
- Upgrades or renovations you’ve made
- Built-in fixtures or custom features
- Personal belongings such as furniture, electronics, clothing, and appliances
A condo insurance policy (also known as HO-6 insurance) is designed to fill these gaps. Coverage generally includes protection against losses caused by:
- Fire and smoke
- Theft and vandalism
- Severe wind and lightning
- Certain types of water damage, such as frozen pipes
It’s important to note that standard condo insurance does not typically cover flooding, which may require a separate flood insurance policy.
Condo Liability Coverage
In addition to protecting your property, condo insurance also includes liability protection. This coverage may help pay for:
- Medical expenses if a guest is injured in your unit
- Legal expenses if you’re held responsible for damage to another unit
- Repairs if you accidentally cause damage to neighboring condo property
Most policies also include loss of use coverage, which helps pay for temporary living expenses if your condo becomes uninhabitable due to a covered loss.
Every condo association’s master policy is different. We make the process simple by reviewing your governing documents and identifying coverage gaps – then building a condo insurance policy that protects your home, belongings, and financial future.
Let us help you secure the right condo insurance coverage with confidence and clarity.