Agent

Condo building’s insurance won’t cover all damage

Unit owners should know difference between master policy and HO-6
Published on Oct 9, 2012

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by CareyBot

DEAR BENNY: If damage to an individual unit is from a common-area element and was caused by negligence, and the condo documents as I understand them state that the damage to the unit involved is the responsibility of the condominium owners association, should that not then be covered by the master policy? Also, what is an HO-6 policy? --Lois

DEAR LOIS: If a unit is damaged as a result of a common-element problem, such as a roof leak or a brick-pointing problem, then the association is responsible regardless of negligence.

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