When might it come into play? What is "fidelity coverage" or "employee dishonesty coverage" for a condo association?

Mar 26, 2025 ... Dwelling coverage in your condo insurance helps you restore your condo to its original state following a covered loss. This coverage becomes ... Common areas of the building that you share with your neighbors like parking areas, lobbies, stairways or elevators are generally covered by the condo ... What does homeowners insurance help protect? · Loss of Use. If your home is unlivable after a covered loss, we'll cover your increase in living expenses. A basic condo insurance policy contains five levels of coverage: dwelling (your unit), personal property, loss of use, liability, and medical payments to ... Condo insurance pays to repair or replace your personal belongings if they get damaged or stolen. Examples of items covered by condo insurance include ... With HO-6 condo insurance, you still have dwelling insurance. But, with condo dwelling coverage, you're only covered for your interior walls and floors. The ... Condo insurance typically includes a few standard coverages to help protect you, your condo unit and your belongings. 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 ... Mar 28, 2025 ... A standard homeowners insurance will cover your dwelling and your personal belongings, and offer personal liability coverage for injuries that happen on your ... A condo association master insurance policy, also called an HOA master policy, protects the complex and its residents against property damage and liability ...