You could have condo insurance for as little as $35 a month*
Switch to Liberty Mutual Insurance made available through the TruStage® Auto & Home Insurance Program
TruStage works with Liberty Mutual to help cover condominium owners against accidents, thefts and other damaging events. We help you ensure your condo policy fits your needs and budget.
What is condo insurance?
Condo insurance, sometimes called HO-6 insurance, is a type of property insurance created for condominium owners. It provides coverage for the interior of your unit and personal belongings as well as protection against accidents, theft and other damaging events.
Unlike homeowners insurance, condo insurance generally only covers the interior of your property including walls, floors, ceilings, and any improvements or upgrades made to these areas. The condo exterior is usually covered by your condo association’s master insurance policy.
What does condo insurance cover?
Condo insurance generally covers personal belongings like electronics, clothing, accessories and furniture. Your condo insurance policy may also cover damage caused by:
- Fire and smoke
- Theft and vandalism
- Hail and windstorms
- Lightning
- Accidental water damage
It's important for condo owners to review the specifics of their condo association's master insurance policy to understand what areas are covered and what responsibilities fall under individual condo insurance.
How much condo insurance do I need?
The amount of coverage you may need depends on how much you’d like to protect. It may be helpful to inventory all of your belongings to assess the value of personal property coverage required.
Additionally, consider any upgrades you’ve made to your unit that wouldn’t be covered by the master policy such as light fixtures, appliances and cabinets.
When determining the amount of condo insurance you need, understand whether your condo association insures all unit interiors (all-in coverage) or only common areas (bare-walls coverage). Also, check the deductibles you may be responsible for if a claim is filed under the association’s policy.
Reviewing these factors will help you tailor the condo insurance to meet your specific needs and financial situation.
Get a condo insurance quote in minutes
Get a condo insurance quote online to learn how you could take advantage of special savings opportunities just for being a credit union member. Consider bundling your condo and auto insurance for possible additional savings and convenience.
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Condo insurance, sometimes called HO-6 insurance, is a type of property insurance created for condominium owners. It provides coverage for the interior of your unit and personal belongings as well as protection against accidents, theft and other damaging events.
Unlike homeowners insurance, condo insurance generally only covers the interior of your property including walls, floors, ceilings and any improvements or upgrades made to these areas. The condo exterior is usually covered by your condo association's master insurance policy.
-
Condo insurance generally covers personal belongings like electronics, clothing, accessories and furniture. Your condo insurance policy may also cover damage caused by:
- Fire and smoke
- Theft and vandalism
- Hail and windstorms
- Lightning
- Accidental water damage
It's important for condo owners to review the specifics of their condo association's master insurance policy to understand what areas are covered and what responsibilities fall under individual condo insurance.
-
The amount of coverage you may need depends on how much you’d like to protect. It may be helpful to inventory all of your belongings to assess the value of personal property coverage required.
Additionally, consider any upgrades you’ve made to your unit that wouldn’t be covered by the master policy such as light fixtures, appliances and cabinets.
When determining the amount of condo insurance you need, understand whether your condo association insures all unit interiors (all-in coverage) or only common areas (bare-walls coverage). Also, check the deductibles you may be responsible for if a claim is filed under the association’s policy.
Reviewing these factors will help you tailor the condo insurance to meet your specific needs and financial situation.
Get a condo insurance quote in minutes
Get a condo insurance quote online to learn how you could take advantage of special savings opportunities just for being a credit union member. Consider bundling your condo and auto insurance for possible additional savings and convenience.
