Condo Insurance Explained with 3 Examples

Condo Insurance or HO6 policy may seem hard to understand at first because it is a “walls in” concept, and in most cases, you simply own the air space. Within that space, you have quite a few things that you will need to insure. Repairs on the outside of the building, exterior walls, hallways, elevators, etc., if they were ever destroyed by a covered risk, would fall under the HOA insurance. There are relatively few risks condo dwellers have to cover on their own. This is because the HOA you belong to as a condo owner typically protects the condo building itself and common areas like the gym, pool, and lobby.


In a nutshell, condo dwellers don’t own the building they live in or the land it sits on. Your condo or homeowner’s association (HOA) will carry a master policy to insure the building and pay for accidents that occur on the outside property or in common areas.

3 Examples of Insurable Condo Items:


  • Flooring
  • Inner walls
  • Light fixtures
  • HVAC -Hot water Tanks (if applicable)
  • Cabinetry
  • Countertops
  • Carpeting
  • Anything you have improved/remodeled over and above the original build should be included in this list.

Contents, on the other hand, are the personal belongings you bring with you. property that would be considered “contents” includes:

  • Furniture
  • Electronics
  • Jewelry
  • Clothing
  • Appliances
  • Artwork

You could be held responsible if visitors in your condo are injured, you accidentally injure someone away from home, or you damage someone else’s property. You’ll want personal liability coverage to help you avoid paying out of pocket in these situations. If a visitor slips in the pool area or falls down in the lobby entrance, your HOA insurance will typically kick in.


  • Water Damage – In many cases, especially in stacked or garden-style apartments you are responsible for any water damage that you inflict on your neighbor below. It is helpful to have a sewer back up insurance in case of a waste line leak.
  • Financial protection – for you and your family. The personal liability coverage within your homeowner’s policy provides coverage for bodily injury and property damage sustained by others for which you or covered residents of your household are legally responsible.
  • Umbrella Insurance – is extra liability insurance coverage that goes beyond the limits of the insured’s home, auto or watercraft insurance. It provides an additional layer of security to those who are at risk of being sued for damages to other people’s property or injuries caused to others in an accident.

DISCLAIMER: Coverages, discounts, and billing options are subject to state availability, individual qualification, and/or the insuring company’s underwriting guidelines. This page is intended to provide you with general information about condo insurance and to help you understand the various kinds of coverage. It does not describe or refer to any specific policy or coverage. For information about your particular coverages, we encourage you to read your policy contract and consult your insurance representative with any questions.


Disclaimer: This content including advice provides generic information only. It is in no way a substitute for qualified legal opinion. Always consult a specialist or your own attorney for more information. Acri Community Realty does not claim responsibility for this information.
Acri Community RealtyAbout Acri Community Realty: Acri Community Realty, located in the Greater Pittsburgh Area, specializes in custom HOA and Condo property management solutions, scaled to fit your needs.

Acri is known for the great care and pride in the work done to protect and enhance the value of your investment. They have the privilege of managing a diverse portfolio of properties while caring for each and every home like it is their own.

If you’ve had any issues with your HOA or Condo that you’d like Acri to try and delve into, and possibly write about later contact us via our website at ⇒ Acri Community Realty. We are interested to hear about your experiences and how an association has helped or hurt.

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