What Is HO-6 Insurance? Why Condo, Townhome & HOA Owners Need It
If you own or are thinking about buying a condo, townhome, or a home in an HOA community, you’ve probably seen the term HO-6 insurance. It’s not another HOA fee — it’s an essential layer of protection for the inside of your home and your belongings.
What Is HO-6 Insurance?
Most condo and HOA associations carry a master policy that covers the exterior of the building and shared common areas. That master policy typically does not cover the interior of your unit or home. That’s where HO-6 insurance comes in.
An HO-6 policy generally provides coverage for:
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Interior of your unit or home — walls, flooring, cabinetry, fixtures
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Personal belongings — furniture, clothing, electronics, etc.
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Personal liability — if someone is injured inside your unit/home
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Loss assessment coverage — helps pay your share if the HOA’s insurance falls short after a major claim
Why It Matters in HOA Communities
Many owners assume the HOA’s master policy covers everything, but without an HO-6 policy, you could be responsible for replacing finishes, paying out of pocket for loss assessments, or covering liability issues inside your home.
If you’re financing a condo, townhome, or HOA property, your lender will almost always require proof of HO-6 insurance before closing. Even if it’s not required, it’s an affordable way to protect your investment and peace of mind.
Bottom Line
Whether you’re buying or already own in a condo, townhome, or HOA community, review your association’s master policy and talk to an insurance professional about HO-6 coverage. It’s a small step that can save you from big costs later.
If you’re unsure what your HOA covers or need a referral to a trusted local insurance agent, I’m happy to point you in the right direction.
Nancy Bergman
Top Producer - Salt Lake Home Pros - Fathom Realty
www.saltlakehomepros.com
858-617-9449