What does condo insurance cover?

Condo insurance is a type of insurance policy that provides specific protection for a condo owner. Unlike a standard home insurance policy, the dwelling portion of a condo policy only provides coverage for the "studs of the walls in". This means, that if there were a fire in your condominium building and multiple units were damaged, your condo policy may cover damages caused to your interior walls and everything inside your condo.

A condominium policy includes coverage for contents, loss of use, personal liability and medical payments. Unlike a standard homeowners insurance policy it does not offer coverage for detached garages or sheds.

A condo owner may also be required to buy into a master policy that covers the shared parts of the building including hallways, walkways, rooftops, etc.

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About this content: The content included on this webpage in no way guarantees coverage for any type of insurance policy or policyholder. This is to be used as a general guide for insurance information and any specific coverage questions should be presented to your insurance agent.