What Does Condo Insurance (HO-6) Cover in Florida?

If you own a condominium in South Florida, you have two layers of insurance to think about: the master policy held by your condo association and your individual unit owner policy, known as an HO-6. Many condo owners make the mistake of assuming the association’s master policy covers everything. It does not — and that gap in coverage can be expensive.

Insurance Risk Advisors in Sunrise, FL has helped condo owners across Miami-Dade, Broward, and Palm Beach County understand exactly what they need and find affordable HO-6 coverage. Here is the full breakdown.

What the Condo Association Master Policy Covers

Your condo association’s master insurance policy typically covers the building structure, common areas, and the exterior of the building. Depending on whether your association has an “all-in” or “bare walls” policy, it may or may not cover fixtures, flooring, and built-in appliances within individual units. The key point is that the master policy protects the association — not you personally as a unit owner.

What Your HO-6 Condo Policy Covers

Your individual HO-6 condo insurance policy covers your personal belongings, interior improvements and upgrades, personal liability, and additional living expenses if your unit becomes uninhabitable due to a covered loss. It also provides loss assessment coverage — critically important in Florida — which covers your share of a special assessment if the condo association’s master policy has a large deductible or a coverage gap after a major loss like a hurricane.

Primary, Seasonal, or Rental: Coverage Differences for Florida Condo Owners

How you use your condo unit matters significantly for insurance. A primary residence has the broadest coverage options and typically the lowest rates. A seasonal or secondary condo — very common in South Florida where many snowbirds own units used only part of the year — requires a policy that accounts for periods of vacancy. A rental unit requires specific rental dwelling coverage that protects you as a landlord. When you request a condo insurance quote from Insurance Risk Advisors, we will ask which floor your unit is on, how many stories the building has, and how the unit is used — all of which affect your rate and coverage needs.

Ready to get protected? Call Insurance Risk Advisors at (954) 226-5424 or request a free quote online. We serve all of South Florida including Sunrise, Fort Lauderdale, Coral Springs, Pembroke Pines, Boca Raton, Hollywood, Miami, and all of Broward, Miami-Dade, and Palm Beach County.