Condo Insurance (HO-6)
Specialized insurance for condo owners that fills gaps in your HOA's master policy. Protect your unit and belongings.
What is Condo Insurance?
Condo insurance (HO-6 policy) is designed specifically for condo unit owners. It covers your personal property, improvements to your unit, and liability—filling the gaps left by your HOA's master policy.
Key Difference: Your HOA's master policy covers common areas and the building structure, but NOT your unit's interior, belongings, or personal liability.
What Does Condo Insurance Cover?
Personal Property
Covers your belongings including furniture, electronics, clothing, appliances, and other personal items inside your condo.
Unit Interior (Walls-In Coverage)
Covers fixtures, improvements, and upgrades you've made to your unit's interior: flooring, cabinets, countertops, built-in appliances, paint, and interior walls.
This fills the gap between "studs-in" and "walls-in" coverage.
Loss Assessment Coverage
Covers your share of HOA special assessments if the master policy doesn't cover a loss (typically $1,000-$50,000).
Example: If the building has fire damage and you're assessed $10,000, this covers it.
Personal Liability
Protects you if someone is injured in your unit or you accidentally damage someone else's property.
Additional Living Expenses
Pays for temporary housing and living costs if your condo becomes uninhabitable due to a covered loss.
Understanding Master Policy Types
Bare Walls (Studs-In) Coverage
HOA covers only the building structure and common areas. You need more HO-6 coverage for unit interior.
Most common type—requires higher HO-6 limits
All-In (Walls-In) Coverage
HOA covers original fixtures and finishes in your unit. You need HO-6 for upgrades and personal property.
Less common—lower HO-6 limits needed
Single Entity Coverage
HOA covers everything except your personal belongings and upgrades beyond original construction.
Rare—minimal HO-6 coverage needed
How Much Coverage Do You Need?
Critical: Review your HOA's master policy to understand what's covered and what gaps you need to fill with your HO-6 policy.
Contact your HOA or property manager for a copy of the master policy and loss assessment requirements.
Personal Property
$20,000-$100,000 depending on belongings value
Dwelling/Unit Coverage
$10,000-$100,000+ depending on master policy type and improvements
Loss Assessment
$10,000-$50,000 (check HOA requirements)
Liability
$300,000-$500,000 recommended
Average Cost
Annual Premium
$300-600/year
Typically less expensive than homeowners insurance
What coverage level do you need?
Choose the protection that matches your requirements