HO6 Insurance Policy - Condo Owners

The HO6 homeowners insurance policy is designed to provide coverage which is not covered by the master policy of the condo/townhouse association. For example, if water leaks out of an apartment and damages another apartment, an HO6 policy will protect the owners of the condo/apartments. It's also important to check with your homeowners association to find out what parts of the interior are covered by the master policy, so you get the right coverage. An HO6 policy basically fills in the gaps of the master policy.

HO6 Policy
* Covers your personal property
* Covers personal liability
* Covers interior walls and floor coverings
* Covers improvements or upgrades you made
* Usually has small deductible & fairly inexpensive
* Some associations require you have such policy

Masters policy (Policy for homeowners association)
* Does not cover your personal property
* Does not cover liability inside condo
* Does not cover improvements or upgrades you made
* Covers the condo building and some liability (such as walkways)
* May cover some interior parts