What Is HO-6 Insurance and Why Condo Owners Need It Understanding what is HO-6 insurance is essential if you own a condo. Unlike traditional homeowners insurance, an HO-6 policy is tailored specifically to condominium owners, filling the insurance gaps left by your condo association’s master policy. What Is HO-6 Insurance? In simple terms, HO-6 insurance is a specialized form of condo insurance designed to protect the interior of your unit and your personal belongings. It is often called “walls-in” coverage because it focuses on the interior structure rather than the entire building. While your condo association’s master policy usually covers the exterior and common areas, your own HO-6 policy takes care of what’s inside your condo. Key Coverages Under HO-6 Insurance When you buy a policy, what is HO-6 insurance meant to cover includes several important protections: Interior Structural Coverage: Protects the interior “walls-in” portion of your condo—walls, ceilings, floors, built-in cabinets, fixtures, and plumbing—from covered perils like fire, wind, or burst pipes. Personal Property Protection: Covers your belongings such as furniture, electronics, and clothing if they are damaged, destroyed, or stolen. Liability Protection: Helps pay if someone is injured inside your condo or if you accidentally damage someone else’s property. Loss of Use Coverage: Pays for temporary living expenses if your condo becomes uninhabitable after a covered loss. Loss Assessment Coverage: Assists with costs you may owe if the condo association levies a special assessment for a loss not fully covered by the master policy. What HO-6 Insurance Doesn’t Cover Knowing what is HO-6 insurance also means understanding its limitations. Most policies do not include: Exterior building structure and common areas — these are usually insured by the condo association’s master policy. Flood and earthquake damage — separate policies or endorsements are needed for these risks. Routine wear and tear or maintenance-related issues. Why HO-6 Insurance Matters Understanding what is HO-6 insurance helps ensure that your home and belongings are protected without leaving gaps in coverage. If you don’t have an HO-6 policy, you could face significant out-of-pocket expenses for interior repairs, replacing personal items, or legal costs from liability claims. Get the Right Condo Coverage Today Protect your condo inside and out with the right HO-6 insurance policy tailored to your needs. Contact Peakes Insurance to review your options, understand your coverage gaps, and get a personalized quote. Call us at 1-800-800-5199 today.