What Your Condo Insurance Doesn’t Cover—And Why You Need Personal Liability & Medical

If you own a condo, your association has a master insurance policy covering the building structure and common areas. However, this does not protect your personal belongings or your unit's interior. That's where a personal HO6 condominium policy comes in.

What the Condo Master Policy Covers (And What It Doesn’t)

The condo association’s master policy generally covers the building’s exterior and shared elements like plumbing between units. However, it does not cover interior parts of your unit, personal property, or liability and medical costs if someone is injured inside your unit.

What an HO6 Condo Policy Includes

An HO6 policy bridges the gap left by the master policy, including protection for personal belongings, interior structural coverage, loss of use coverage, and critical personal liability coverage (Coverage E) as well as medical payments to others (Coverage F).

Coverage E: Personal Liability Explained

This coverage protects you if someone gets injured in your unit and decides to sue. Without it, you'd be paying legal and medical expenses out-of-pocket. Coverage E helps cover legal defense, settlements, and court costs.

Coverage F: Medical Payments to Others

Coverage F pays for medical expenses of someone injured in your unit, even if you're not at fault. This is a no-fault coverage, designed to cover expenses and maintain personal relationships without escalating to lawsuits.

What Isn't Covered by HO6?

An HO6 policy does not cover maintenance issues, wear and tear, or injuries in common areas. It also doesn’t cover injuries to you; it only covers guests or individuals not listed on the policy.

The Risk of Going Without HO6

Without a personal condo policy, you’re financially responsible for lawsuits, injuries, and damages to your interior space. An HO6 policy offers crucial financial protection for scenarios that many condo owners might not anticipate.

The master insurance policy protects the building and shared spaces but not your personal interests. Your responsibility starts at your unit's front door. Ensure comprehensive protection by getting a custom HO6 condo policy quote today.