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Condo Insurance
Also known as an HO-6 insurance policy, condo insurance can cover liability claims, damage to your condo unit and belongings, and additional living expenses if you're unable to stay in your residence due to a covered incident.
What does condo insurance cover?
A typical condo insurance policy provides coverage for the following categories:
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Building property: the unit itself, including walls and fixtures
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Personal property: furniture, electronics and other movable goods
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Personal liability: legal expenses from claims or lawsuits against you
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Loss of use: costs of lodging/transport if unit is uninhabitable
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Loss assessment: your portion of any losses shared out by the association
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