If you live in a condominium or townhome, it's crucial to understand what you, as the homeowner, need to cover vs. what the association’s master policy covers. In this webinar, we provided clarity on how best to protect your home and budget with insurance.
What you'll learn:
What you'll learn:
- The difference between your HO-6 policy and the association’s master policy
- What the master policy covers and what falls to you as a unit owner
- The key parts of a typical HO-6 policy
- How deductibles work in condo and townhome claims
- When loss assessment coverage may apply
- Common coverage gaps to review with your insurance agent
- Simple ways to reduce risk and protect your home