It’s important to understand where the condo association’s coverage ends and where your responsibility begins.

Condominiums require a special type of homeowner’s insurance. Condominiums are insured differently than typical homes or apartments. In general, the outside of the building is insured by the condo association, while the unit owner bears the responsibility for covering the inside.

You want to feel secure knowing that your investment is well protected. It’s important to understand where the condo association’s coverage ends and where your responsibility begins. Condominium policies cover alterations, appliances, fixtures, and improvements that are part of the interior of the condominium unit. Condominium policies can also cover the condominium owner’s personal property and can reimburse you for medical expenses and liability claims resulting from property damage and personal injury to other people caused by you or members of your family.

PLEASE NOTE: Condominium policies do not cover loss to the exterior of a structure. This is the responsibility of the Condominium Association’s policy.

A condominium policy will also pay for additional living expenses or more commonly known as Loss of Use. Loss of Use will cover your expenses if you are forced to move into a hotel or apartment temporarily because of a covered loss to your condominium.