Condominium Insurance Law

Condominium insurance law pertains to the specific insurance requirements and protections for condo owners. Typically, a condo association maintains a master policy covering shared areas (like hallways and amenities), while individual owners need personal insurance, often called an HO-6 policy. This coverage protects personal property and interior improvements within the unit. It’s essential to understand the distinctions between what the association covers and what the individual policy covers to ensure adequate protection in case of damage or liability issues. Properly navigating these policies helps safeguard both personal assets and communal interests within the condominium.