Is there a time limit for filing a lawsuit? What is "other insurance" clause in an insurance policy?

Sometimes referred to as “HO6 insurance,” condo insurance can cover liability claims, damage to your condo unit and belongings, and additional living ... Jul 21, 2022 ... What Does Condo Insurance Cover? ... Condo insurance is more comprehensive than a renters insurance policy. In addition to other liabilities, ... Jun 12, 2024 ... The Master Condo Policy is responsible for covering two main areas of risk — general liability for the association and property damage coverage ... Jun 4, 2022 ... After all, HOA insurance typically doesn't cover individual homes or condos — only common elements and areas. Managing a homeowners association ... Dec 4, 2023 ... Condo insurance is a mix of coverage types that protect your investment in your condominium in case of problems like fire, theft, accidental injuries to others. Apr 1, 2024 ... A condo owner's insurance policy, called an HO-6, covers most of what you own within your unit, generally speaking. ... policy which offers additional coverages to provide the equivalent of comprehensive homeowners insurance. ... Do I need a FAIR Plan Policy? If you cannot ... condo unit that is not otherwise covered by your condominium association's insurance policy. ... Your Policy Does Not Cover Losses Caused by. Fire and lightning. Jun 1, 2024 ... There are two acceptable options for unit coverage depending on what the governing documents indicate: The condominium homeowners association ... 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 ...