Why might a condo association request a waiver of subrogation from unit owners' insurance companies?

Feb 25, 2025 ... What individual condo insurance covers: · Appliances · Furniture · Interior walls · Wiring and plumbing · Carpets · Light fixtures · Countertops · All ... Sometimes referred to as “HO6 insurance,” condo insurance can cover liability claims, damage to your condo unit and belongings, and additional living ... May 19, 2022 ... The most common condo insurance policy is often referred to as HO-6. This policy will usually cover: Jun 4, 2022 ... After all, HOA insurance typically doesn't cover individual homes or condos — only common elements and areas. Managing a homeowners association ... Liability coverage is automatically included with your condo insurance and helps protect you if someone is injured on your property, you're responsible for ... Condo insurance works with your condo association's policy. It is usually less expensive than a typical homeowners policy and covers your stuff within your ... Besides, having condo insurance can help protect your personal belongings inside your home and provide personal liability protection should any accidents occur ... What it does not cover. Floods: Flood insurance is ... There are more than 100 companies that write homeowners and renters insurance policies in Oregon. A basic condo insurance policy contains five levels of coverage: dwelling (your unit), personal property, loss of use, liability, and medical payments to ... What does condo insurance cover? · Personal property coverage · Theft protection · Special limits of liability for certain possessions · Personal liability ...