Harbor West Insurance Agency, Inc. in California provides condo insurance for its customers around the state. Condo insurance is very similar to homeowner's insurance. If you have been looking for a place to get condo insurance for your condominium in California, then you are visiting the right agency. These policies are sometimes called a "walls-in" policy or an H06 policy. These types of policies protect condo properties and protects against liability claims. They can even help cover costs if the condo is vacant or uninhabitable. However, walls-in policies typically only safeguard one unit, whereas a homeowner's association, or HOA, can have a master policy that covers all units but not necessarily with the same coverage or options.
Some HOAs have unique requirements that you have your own individual condo owner's policy outside their own. They may have minimum requirements for coverage even if the law doesn't require you to. This is just like when your mortgage lender requires you to have a policy for your condo. Your policy will typically cover the interior structure and personal property located within your condo unit. You also get liability and loss of use coverage. These respectively cover you if a person is injured or their property damaged at your condo, and then they move forward with litigation or if you can't reside in your condo for an extended period. It is good to understand what is covered by an HOA master policy and what is covered by an individual unit's policy.
Agents at Harbor West Insurance Agency, Inc. in California can help you select a policy that makes sense for your situation. We can also help answer any questions you might have about insurance policies, whether master policies or condo owners' policies for individual units. If you own a condo unit, you might have questions about how you can get a quote. Reach out to our offices to speak with an agent and get your answers today.