The master policy is assumed
Walls, fixtures, improvements, and finishes may be the unit owner's responsibility.
Condo insurance
Coverage that begins where the association policy stops.
Condo owners need to understand the master policy, unit-owner responsibilities, belongings, liability, and potential assessments.
Why it matters
The policy should reflect the way the risk actually looks.
Association master policies vary. Some insure more of the interior than others, and deductibles or uncovered damage can be assessed back to unit owners.
Coverage, eligibility, endorsements, limits, and pricing vary by carrier, state, policy language, and individual circumstances.
Common coverage gaps
The risk is often in the details.
Loss assessment is too low
An association can assess owners after certain covered losses, subject to policy terms and limits.
Upgrades are undocumented
Renovated kitchens, flooring, and built-ins can change the amount needed for unit coverage.
What to consider
Questions worth reviewing before a policy is placed.
Association declarations and master-policy responsibilities
Building additions and alterations limit
Personal property and replacement cost
Loss assessment and deductible assessments
Water backup, liability, and temporary living costs
Independent by design
More than one insurance market. One Agency 1 relationship.
Agency 1 is not tied to a single insurance company. Our team helps clients evaluate available coverage options across multiple markets. Carrier availability, eligibility, products, and pricing vary by state and risk.
Questions people ask
Useful answers before you decide.
Ready when you are
Ready for a more informed insurance conversation?
Start with the information you already have. Our team will review the details and follow up.