Does the association have coverage for data breaches or other cyber incidents?

Since the FAIR Plan policy does not cover all the perils insured under a traditional homeowners' insurance policy such as theft or liability, you may want to ... Jul 7, 2021 ... Condos are units in a multi-unit building. As such they require that you have insurance for your own personal condo as well as collective ... Sometimes referred to as “HO6 insurance,” condo insurance can cover liability claims, damage to your condo unit and belongings, and additional living ... Jan 16, 2025 ... What Does Condo Insurance Cover? · Interior Property · Liability for Injuries · Personal Belongings · Loss of Use. What does my homeowners insurance cover? · Property Coverage. Pays to repair or rebuild your home and other structures on your property if they're damaged. Besides, having condo insurance can help protect your personal belongings inside your home and provide personal liability protection should any accidents occur ... The new law expressly confirms that condominium associations are not required to obtain insurance related to water damage or water perils. It then imposes ... May 19, 2022 ... The most common condo insurance policy is often referred to as HO-6. This policy will usually cover: What kind of insurance do I need for a condo? As a condominium owner, you can find coverage especially suited for condos. It's simply called condo insurance or ... Aug 3, 2023 ... Now, the damages typically are only covered up to the value of original materials installed in the unit. Any upgraded materials would be covered ...