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If the Illinois Condominium Property Act says that you **shall** have insurance -- not **may** -- and lays out specific terms and conditions, you are strongly urged to obey the law.

In the case of a disaster, without insurance you may be doubly charged: once by the cost of recovering from the uninsured disaster and the second time by the law which may penalize you for not carrying insurance.

Your property manager or member of your board will be able to answer your question specifically.

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Q: Do condominium owners have to have insurance in accordance with the Illinois condominium property act?
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