Condo insurance typically covers the interior of the unit, including personal property, fixtures, and any improvements made within the condo. It generally does not cover the building’s exterior, which is usually the responsibility of the condo association. The exterior, common areas, and structural elements of the building, such as the roof and foundation, are typically covered by the association’s master insurance policy. However, condo owners should check the specific details of their policy, as some might offer limited coverage for certain exterior elements or provide coverage for shared spaces like hallways or elevators. To fully protect against potential damages to both interior and exterior components, condo owners may need additional coverage or endorsements, such as an “HO-6” policy, which complements the master policy. Always review your condo association’s insurance and your individual policy to understand the coverage gaps and limitations.
Home Does Condo Insurance Cover the Building's Exterior or Just the Interior?