Condo Insurance, also known as ho6 insurance or walls-in
coverage, helps to protect condo owners in many different ways.
What is condo insurance?
Condominium Insurance is designed to protect condo unit
owners from many possible losses that occur. Most attached condos are
covered by a homeowners association policy for certain potential claims, but
there are many risks that are not covered, which has created the need for
condo insurance.
For whom is condo unit owners insurance designed?
If you live in one of the following, then you want to
consider condo unit owners insurance:
- Condominium Association
- Townhome Association
- Rowhouse Association
- Homeowners Association
(attached homes)
- Planned Community -
Some Planned Unit Developments (HUD)
Why should I buy
condo insurance
(ho6 policy)?
Although your condo association's (HOA's) master policy
may cover the exterior and the rebuilding cost of a barebones interior of
you condo unit, there is much more to protect. In the event of
something such as a fire, the rebuilding that occurs from the master
association policy may not make your unit livable.
Stratum Insurance
Agency is able to provide quotes from many different insurance carriers
to help you find the right balance of price and coverage. Being
licensed in over 40 states, we can assist you with
condo insurance quotes
and many other
types of insurance across the nation.