Condo Insurance
Your HOA carries a master policy covering the building structure and common areas. An HO-6 condo policy covers everything that doesn't: your interior, your belongings, your liability, and your share of the HOA's deductible.
What it covers
- Interior/dwelling coverage for walls-in improvements and fixtures you own
- Personal property coverage for your belongings
- Loss of use coverage if your unit becomes temporarily uninhabitable
- Personal liability coverage
- Loss assessment coverage for your share of an HOA deductible or shortfall on a covered claim
Who it's for
Condo owners who want their interior, belongings, and liability covered beyond what the HOA's master policy provides, most mortgage lenders and HOA bylaws require it.
Why Firehouse
We compare real rates across 36 A-rated carriers and make sure your policy actually accounts for your HOA's deductible exposure, often $10,000-$25,000, not just a generic condo policy that overlooks it.
Frequently asked questions
Is condo insurance the same as homeowners insurance?
No. Your HOA's master policy covers the building and common areas. Your own HO-6 policy covers your interior, belongings, liability, and loss assessment, the master policy doesn't replace it.
How much does condo insurance usually cost?
Averages run $375-$575+ a year, though it ranges from around $296 to $1,075 a year depending on the carrier, worth comparing more than one quote.
Is condo insurance a good idea?
Yes, it's rarely optional in practice since HOA bylaws and mortgage lenders typically require it, and it's the only thing that covers your share of an HOA deductible when a covered loss hits.
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