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You can find the answer you want in your governing documents, in your state's condominium law, and in your master policy.

Condominium associations are usually required to carry a master insurance policy that covers all the real estate assets the association's members own in common. You pay this premium with your monthly assessments.


Your governing documents will define the boundary between what you own solely and what is owned by the association in common. The boundary is usually the 'skin', the paint, the wall board, the studs, etc., some defined line in the building.


Your master policy details its coverage, and may or may not be an 'all in' policy, meaning that it covers all interior attached furniture -- bathroom fixtures, closet doors, cabinetry, etc.


Your broker can review the master policy, the governing documents and the state condominium law to help you define the individual owner's policy that you should carry. This policy is called an HO-6 policy.


Look out for gaps in coverage, overlapping coverage and special coverage for valuables you keep in your condominium home.


You can also discuss your flood and earthquake risk-- or other natural disaster, and insure yourself accordingly.

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Q: How much homeowners insurance should you get on your condo?
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