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An HO6 insurance policy is homeowners insurance for those who own a condominium or co-op unit. As a condo or co-op unit owner, you own and are likely responsible for damages to your unit.
Sometimes referred to as “HO6 insurance,” condo insurance can cover liability claims, damage to your condo unit and belongings, and additional living expenses if you’re unable to stay in your residence due to a covered incident.
4 Δεκ 2023 · What Is HO-6 Insurance? An HO-6 insurance policy is the same as a condo insurance policy. It helps if your personal belongings are damaged or stolen. An HO-6 insurance policy also pays for...
5 Σεπ 2023 · Also known as an HO-6 insurance policy, condo insurance protects condo or co-op units while also providing both personal liability coverage and living expense coverage if a condo becomes uninhabitable.
12 Σεπ 2024 · Condo insurance, also known as HO-6 insurance, is designed to cover what your condo association’s master policy won’t. A typical condo insurance policy covers your personal belongings and pays...
Condo insurance, also known as an HO-6 policy, is often required by mortgage lenders and building owners alike. These policies offer limited coverage for property damage, but provide coverage for personal belongings and liability.
21 Φεβ 2024 · What does HO-6 condo insurance cover? Most HO-6 policies include six main coverages for your condo unit, belongings, temporary living expenses, liability, and loss assessments. Here's a look at how each condo insurance coverage works and how much of each you need.