Does my condo insurance cover smoke damage from a fire?

Jun 4, 2022 ... After all, HOA insurance typically doesn't cover individual homes or condos — only common elements and areas. Managing a homeowners association ... In the past, the answer would be yes, wildfire coverage is included in your home insurance. Today, however, many insurance companies are excluding wildfire ... Feb 5, 2019 ... Condo insurance covers sudden accidental damage to your property but does not include water damage due to long term causes such as slow leaks. What Is Condo Insurance? · Interiors: Covers walls, floors, and any interior upgrades such as fixtures and countertops · Personal Property: Protects belongings ... The condominium association's policy will assess property damage or personal liability claims in common areas only, while your insurance policy would cover ... The new law expressly confirms that condominium associations are not required to obtain insurance related to water damage or water perils. It then imposes ... Nov 29, 2024 ... Yes, a condo owner's individual HO6 policy generally covers water damage in Florida. As discussed above, it depends on the source of the leak as well as the ... What does condo insurance cover? Condo insurance is designed to cover the interior of your condo and your personal belongings. We're here to answer ... Apr 1, 2024 ... A condo owner's insurance policy, called an HO-6, covers most of what you own within your unit, generally speaking. Sometimes referred to as “HO6 insurance,” condo insurance can cover liability claims, damage to your condo unit and belongings, and additional living ...