Condo Insurance
This policy does a lot. A Condominium Homeowners Insurance Policy (HO-6) provides the following at whatever limits are selected:
- Personal Property - Contents coverage.
- Structure coverage for that portion of the structure that the unit owner is responsible for according to association documents.
- Loss of use of the unit due to a covered loss.
- Personal liability coverage for injury to others or property damage due to the unit owners negligence.
- Loss assessment coverage for certain assessments made on the owner by the association.
- Various other selected coverages: added coverage for money, jewelry etc.; certain limited available business coverages; other tailored endorsements.
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