Author: Ryan Mitchell

What is Condo Insurance?Condo insurance, often referred to as HO-6 insurance, is a specialized form of coverage designed specifically for condominium owners. Unlike standard homeowners insurance, which typically encompasses the entirety of a home and its surrounding property, condo insurance focuses on protecting an individual unit and the personal possessions within it. This distinction arises from the unique ownership structure of condominiums, where the building’s exterior and common areas are usually managed by a condo association. Understanding this operational difference is critical for condominium owners to effectively safeguard their investment.The condo association typically carries a master insurance policy that covers…