Skip to main content
Insurance by Need

Moving Into a Condo

A condo sits in a coverage gap most buyers don't expect — your association's master policy insures the building, but rarely everything from your walls inward, and your lender will still require your own unit policy before closing. Getting the split right matters, because assuming the HOA covers something it doesn't can leave you paying out of pocket after a loss.

Coverage to Consider Schedule Consultation

Who this coverage is for

This is for buyers or owners moving into a condominium or townhome governed by a homeowners association. It's also for anyone whose lender or HOA requires proof of a unit-owner policy.

What it can help protect

Condo living splits responsibility in ways a standard home policy doesn't:

  • Interior of your unit — walls, floors, cabinets, and fixtures the master policy may not cover.
  • Your belongings — furniture, electronics, and personal items inside your unit.
  • Liability — medical and legal costs if someone is injured in your home.
  • Loss assessment — your share of a big loss the HOA charges back to owners.
  • Added perils — earthquake and flood, typically excluded and important in California.

What makes the review easier

The fastest path is to share the master policy if you have it, along with your unit details and any lender requirements. Sterling Lloyd can then guide you to the right next step.

Coverages to consider

The coverages most relevant to Moving Into a Condo, tiered by priority. Start a quote on any one, or have an advisor review the whole stack.

Core Often required

Condo Insurance

Usually required by your lender and HOA.

Get a quote
Recommended

Personal Umbrella Insurance

Extra liability beyond your condo policy.

Get a quote
Situational

Valuable Articles Insurance

Schedule jewelry, art, or other valuables.

Get a quote
Have an advisor review the whole stack →

Common Questions