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CONDO INSURANCE

Condo insurance covers what your association policy does not.

Your association has a master policy on the building, but it stops at your unit. Condo insurance (HO-6) covers the interior, your belongings, your liability, and the gap between what the master policy pays and what you actually need to repair your unit.

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WHAT'S COVERED

What a condo policy covers.

Interior dwelling coverage

Repairs to walls, floors, ceilings, fixtures, cabinets, and improvements you have made to the unit. Coverage applies to what is yours under the association's master policy bylaws.

Personal property

Your belongings inside the unit. Furniture, electronics, clothing, and personal items against fire, theft, water damage, and most other sudden losses.

Personal liability

Pays if you are legally responsible for injuring someone or damaging their property. Includes incidents in your unit and away from home, plus damage you cause to your downstairs neighbor's unit from a water leak or similar.

Loss assessment coverage

If your association has a loss that exceeds its master policy and assesses unit owners for the shortfall, this pays your share up to the loss assessment limit. Limits often start low and may need to be increased.

IMPORTANT LIMITATIONS

What a condo policy does not cover.

Flood damage

Standard condo policies exclude flood damage. If your unit is in a flood-prone area, contents flood coverage is available through NFIP or private insurers.

Earthquake damage

Earthquake damage is excluded from standard policies. Available as an endorsement or separate policy in earthquake-prone regions.

Master policy property

Anything covered by the association master policy is generally excluded from your unit policy. The exact line between association and unit responsibility is in the bylaws and matters a great deal at claim time.

Business activities

Business equipment, inventory, and liability from business operations conducted in the unit are excluded. Home-based businesses need a business endorsement or separate commercial policy.

OUR CARRIER PANEL

Carriers We Use for This Coverage

All carriers are A-rated by AM Best and appointed in the state. We compare them and recommend the right fit.

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CLAIMS TIPS

If You Need to File a Claim

Practical guidance for the first 24 hours, what to document, common mistakes to avoid, and when to call us.

Common questions

Can my insurance carrier deny my claim?

Yes, for specific policy reasons that must be in writing. You can challenge a denial.

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What is a recorded statement and should I give one?

An on-record interview the carrier uses for the file. Give one, but prepare first and never speculate.

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What happens after I report a claim to my insurance carrier?

Acknowledge, assign adjuster, investigate, decide. Most carriers move within 7-30 days for routine claims.

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Do I have to use the carrier's preferred contractor?

Usually no. Most policies let you choose any licensed contractor, though preferred shops have their own benefits.

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GET STARTED

Buying or owning a condo?

Your association master policy stops at your unit. Send your association bylaws and your unit details and we will quote HO-6 coverage that fills the right gaps.

Varies by state, building age, master policy structure, and coverage limits. Most condo owners pay between $250 and $900 per year for typical HO-6 coverage. Coastal and high-rise buildings cost more.

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