Insurance that covers all the bases.

Protect your unit and belongings by getting customizable condo insurance today. Your needs are unique. We offer additional coverage options.


Need Condo Inurance

Condominium owners often think they don’t need condo insurance. After all, in most cases you aren’t required to insure the actual structure or even the roof of your condo. Yet, you are responsible for damages to the inside of your unit, and you still need to protect your belongings. Condo insurance provides an affordable solution for doing both.


What Is Condo Insurance?

Condo insurance is a policy designed for the unique circumstances of owning a unit in a condominium building. It helps pay for the cost of interior repairs to your unit and replacing your belongings if they are stolen or damaged by fire, vandalism, theft, or other risks.


What Does Condo Insurance Cover?

Condo insurance covers many of the same risks as homeowners insurance, including:

  • Personal possessions. Condo insurance covers damage, destruction or theft of your personal property. Suppose you have a washing machine in your condo and a hose ruptures, flooding your living room. The right condo insurance may cover the repairs to carpeting, flooring, furniture, and other personal property.
  • Liability. This can pay for damages and legal fees if you cause accidental bodily injury or property damage to others. In many cases, this applies whether or not the incident occurs in your condo. For example, if the flooding from your washing machine seeps under the walls and causes property damage to your neighbor’s unit, condo insurance will cover that as well.
  • Medical payments to others. Condo insurance can pay for medical bills when someone is injured on your property, regardless of fault. With the cost of hospitalization and medical treatments, this coverage can save you thousands of dollars.
  • Loss of use. Suppose a fire causes so much damage you can’t live in your condo for a while. Condo insurance may reimburse you for living expenses until you can move back into your home.


What your policy covers:


Your personal possessions

Covers damage, destruction or theft of your personal property.

Personal liability

Pays for loss settlement and legal fees in the event that an insured party causes bodily injury and/or property damage to others.


Loss of use

Reimburses you for living expenses that exceed your normal living costs if you cannot live in your home due to a covered loss.


Medical payments to others

Pays for medical bills when someone is injured on your property, regardless of fault.


Add additional coverages to customize your policy:


Identity theft protection

Covers up to $15,000 of expenses you incur as a direct result of identity theft.


Personal injury protection

Protects you against claims of libel, slander, and invasion of privacy under your homeowners insurance policy.

Coverage for valuables

Offers open perils coverage for your valuable items such as jewelry, furs, cameras, musical instruments, silverware, fine arts, and golfer’s equipment.


Increased limits on personal property

Extend personal possessions coverages beyond the standard limit.

What Are the Benefits of Getting Condo Insurance From Homesite?

Condo insurance offers a long list of benefits that make it well worth buying.

  • Protects against risks your homeowners association (HOA) won’t cover.  Your HOA is responsible for the cost of damages to the basic structure of the building. However, it will normally not pay for interior fixtures, furniture or other personal items, even if they are damaged or destroyed due to external circumstances such as fire or a natural disaster.
  • Replacement of valuables. Suppose someone breaks into you condo while you are away and steals your brand new 60” high-definition LED television; condo insurance can cover the loss so that you can replace it.
  • Home office protection.  Working out of your home involves unique risks. Condo insurance from Homesite offers optional protection against damage or theft of inventory, computers, office equipment, and more.
  • Coverage away from home.  Homesite condo insurance policies may cover events that occur away from home.
  • Uncovered disaster protection. HOAs cover some disasters but not all. For example, in most cases, HOAs will not pay for damages to your belongings that result from earthquakes. Condo insurance lets you buy additional coverage to protect against these types of disasters.
  • Additional coverages. Most condo insurance policies offer optional coverage for identify theft, libel, slander, invasion of privacy, and other unusual risks.

Most of all, condo insurance provides peace of mind. There’s nothing like knowing your condo and its contents are fully covered when the unexpected happens.

Why Choose Homesite Condo Insurance?
  • Quick and easy to do business with. We were one of the first to sell insurance online. You can still buy a policy from Homesite in only one visit!
  • Available almost everywhere. We have broad geographic coverage and write in almost every state.
  • Customizable coverage. Our basic condo insurance covers many major risks. Our additional coverages allow us to write a policy to cover your specific needs.
  • Fast, easy claims processing. Submit claims online or by phone, whichever is most convenient for you.

Protect your pocketbook and your property by getting condo insurance quote from Homesite today.



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Condo Insurance FAQ
+ Q: Is Condo insurance required?
A: You are not required by law to have a condo insurance policy. However, your mortgage lender will most likely require you to have insurance for your unit. Also, your condo homeowners association (HOA) may have minimum requirements for coverage.
+ Q: Do I need to adjust my coverage if I add new features or make improvements to my condo?
A: It depends on the extent and cost of the improvements. Minor alterations may not require adjusting your coverage. Major improvements, such as remodeling your kitchen or putting in new doors or interior walls, represent a major investment and increase the value of your unit. In these cases, increasing your dwelling coverage will ensure you have enough protection to cover any losses. It’s also a good idea to contact your carrier to discuss your policy coverages before undertaking any major improvements.
+ Q: What does a typical condo policy cover?
A: Condo insurance is different from homeowners insurance because you don’t insure the structure of the building, the common areas, or many features, such as roofs, walls and elevators. These are normally covered by you’re the insurance carried by your condo association or HOA.

The typical condo insurance is called an “HO6” policy, although it is sometimes referred to as "walls-in" insurance. It usually covers the following:

  • Building property. Covers the interior of your unit, including floors, interior walls, cabinets and other permanent fixtures.
  • Personal property. Covers your personal belongings, including furniture, clothing, appliances and anything else not affixed to the unit, from damage and theft.
  • Liability. Protects you and your family members against lawsuits resulting from bodily injury or property damage.
  • Medical payments to others. Pays the cost of medical bills if someone gets injured while on your property, regardless of fault.
  • Loss of use. Also known as “additional living expenses,” this pays for daily living expenses if your condo becomes temporarily uninhabitable.

You can also add optional coverages to enhance your policy, including:

  • Identify theft
  • Personal injury protection
  • Valuables coverage (art, jewelry, etc.)
  • Increased limits on personal property
+ Q: Why is it important to know what type of insurance my condo association has?
A: Your condo association’s master insurance policy determines the amount of condo insurance you need. There are three different types:
  • Bare Walls Coverage. Covers the structure of your condo building, most fixtures and furnishings in common areas and any other property owned by the condo association. 
  • Single Entity Coverage. Includes all bare walls coverage while adding coverage for most built-in property, such as fixtures in individual condo units. 
  • All-In Coverage. Covers all property collectively owned by the condo association and anything that is part of the condo structure. It also covers all condo improvements and additions.

Depending on which type of policy your condo association has, you will need varying amounts of coverage. For example, with all-in coverage, you may only need to insure your personal property. Single entity and bare walls require more extensive coverage in order to be fully protected.

+ Q: What else does a person need to consider when choosing condo insurance?
A: Other important considerations include:
  • How much are your belongings worth?
  • Should you insure for actual cash value or replacement cost?
  • Do you have high-value items to protect, such as fine art, musical instruments or expensive computer equipment?
  • What is your overall net worth (to protect against liability)?
  • Does your HOA require you to carry a certain amount of condo insurance coverage?
+ Q: How does condo Insurance help protect against HOAs?
A: HOAs provide coverage for damage to the building and common area property, but only up to a certain limit. In cases of catastrophic loss, the coverage may not be enough to fully repair the damage. When that occurs, the HOA can assess members to pay for the damages. Most condo insurance policies offer optional “loss assessment” coverage to protect individual condo owners against such assessments.
+ Q: Are there special savings offered for condo insurance?
A: Condo insurance policies will often offer discounts on premium for the following:
  • Installing protective devices such as fire and burglar alarms.
  • Secure community features, including passkey gates, single entry in/out and on-site security guards or roaming patrols.
  • Senior or retiree discounts.