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🏢 Condo Insurance

Florida Condo Insurance
That Fills the Gaps

Your association’s master policy covers the building — not what’s inside your unit. Nymble helps Florida condo owners find HO-6 coverage that protects your interior, your belongings, and your finances.

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What’s Covered

Florida Condo Insurance (HO-6)

Your condo association’s master policy covers the building’s structure, but it doesn’t cover everything inside your unit. An HO-6 policy fills the gaps.

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Interior Dwelling (Walls-In)
Covers your unit’s interior: walls, floors, ceilings, built-in fixtures, cabinets, countertops, and appliances. The exact boundary between your policy and the master policy depends on your association’s governing documents.
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Personal Property
Covers your belongings inside the unit: furniture, electronics, clothing, and personal items. Consider replacement cost coverage rather than actual cash value for better claim payouts.
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Liability Protection
Covers legal expenses if someone is injured in your unit or you’re found liable for damage. Essential for Florida condo owners given the state’s litigation environment.
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Loss Assessment
If your condo association’s master policy doesn’t fully cover a building-wide loss, the association can assess each unit owner for the shortfall. Loss assessment coverage protects you against these unexpected charges.
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Additional Living Expenses
If your unit is uninhabitable after a covered loss, ALE covers temporary housing and increased living costs while repairs are made.
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Flood (Separate Policy)
Like homeowners insurance, condo policies do not cover flood damage. Florida condo owners — especially in coastal buildings — should strongly consider a separate flood policy for their unit and contents.
The Master Policy Gap

Your Association’s Policy Doesn’t Cover Everything

Every Florida condo association carries a master insurance policy that covers the building’s structure, common areas, and shared systems. But the master policy stops at a boundary — typically the unit’s exterior walls or the unfinished interior surfaces (often called “bare walls” or “studs-in”).

Everything from that boundary inward is your responsibility: flooring, cabinetry, countertops, appliances, fixtures, and all personal property. An HO-6 policy protects these items, adds liability coverage, and fills the gap that the master policy leaves open.

Nymble reviews your association’s master policy to determine exactly where the coverage boundary falls, then builds your HO-6 to fill the gap — no more, no less.

Common Questions

Condo Insurance FAQ

Do I really need condo insurance if my association has a master policy? +
Yes. The master policy covers the building’s structure and common areas, but it does not cover the interior of your unit, your personal belongings, your liability, or loss assessments. Without an HO-6, you’d pay out of pocket for any damage to your unit’s interior and contents.
What is loss assessment coverage? +
If a major loss exceeds the master policy’s limits or deductible, the association can assess each unit owner for a share of the shortfall. Loss assessment coverage on your HO-6 reimburses you for these charges, which can sometimes be tens of thousands of dollars per unit.
How do I know what the master policy covers? +
Request a copy of the association’s insurance certificate and declarations page. Nymble agents can review these documents and explain exactly where the master policy’s coverage ends and your HO-6 needs to begin. The boundary depends on whether the master policy is “all-in” (covers interior improvements) or “bare walls” (covers only the structure).
Does my condo insurance cover flood damage? +
No. Like homeowners insurance, condo policies exclude flood damage. If your building is in a flood zone or near the coast, you should carry a separate flood policy for your unit’s interior and contents. Nymble can help you compare NFIP and private flood options.

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Tell us about your unit. A licensed Nymble agent will review your association’s master policy and build an HO-6 that fills the gaps.

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