Condo Insurance for Denver Condo & Townhome Owners
Your HOA has insurance, but it probably doesn’t cover everything you think it does. A condo insurance policy (often called an HO-6) protects what your association’s master policy leaves to you: your personal belongings, your interior finishes and improvements, your liability, and your share of an association assessment after a covered loss.
At Denver Insurance LLC, we start by understanding your HOA’s master policy, then build a condo policy around it. As an independent agency, we compare multiple carriers to find the right balance of coverage and price.
Condo Insurance for Denver Condo & Townhome Owners
Your HOA has insurance, but it probably doesn’t cover everything you think it does. A condo insurance policy (often called an HO-6) protects what your association’s master policy leaves to you: your personal belongings, your interior finishes and improvements, your liability, and your share of an association assessment after a covered loss.
At Denver Insurance LLC, we start by understanding your HOA’s master policy, then build a condo policy around it. As an independent agency, we compare multiple carriers to find the right balance of coverage and price.
What Condo Insurance Can Cover
- Walls-in coverage: Interior items such as flooring, cabinets, countertops, fixtures, and upgrades you or prior owners made, depending on what your HOA covers.
- Personal property: Furniture, electronics, clothing, and other belongings.
- Loss assessment: Helps pay your share if the HOA assesses owners after a covered loss to common areas, or when a claim exceeds the master policy’s limits or deductible.
- Loss of use: Helps with additional living expenses if a covered loss forces you out while repairs are made.
- Personal liability: Protection if someone is hurt in your unit or you accidentally damage a neighbor’s unit.
- Optional add-ons: Coverage options such as water backup, equipment breakdown, scheduled jewelry and valuables, and identity fraud, depending on the carrier.
Why Your HOA Master Policy Matters
In Colorado, every association’s master policy is different. Some cover only the exterior and common areas (“bare walls”). Others cover original interior fixtures but not your upgrades. Many carry large deductibles, especially for hail, which can be passed along to unit owners. Knowing exactly what your HOA covers is the key to buying the right condo policy, and it’s something we help you review before you buy.
Tip: Ask your HOA or property manager for a copy of the master policy declarations and bylaws. Send it to us and we’ll help you read it.
Why Denver Condo Owners Work With Us
- Multiple carriers, one agent. We compare condo options across several insurance companies.
- Coverage built around your HOA. We help you avoid both gaps and paying twice for the same coverage.
- Bundle and save. Combine your condo and auto policies for potential multi-policy discounts.
- Renting out your condo? We also offer landlord condo coverage for units rented to tenants or used as short-term rentals.
- Local, personal service. A Denver team that answers your questions and helps when you have a claim.
Condo Insurance FAQs
Is condo insurance required?
Colorado law doesn’t require it, but many HOAs require unit owners to carry an HO-6 policy, and mortgage lenders often do as well.
What’s the difference between condo insurance and homeowners insurance?
A homeowners policy covers the entire house. A condo policy is designed to work alongside your HOA’s master policy and covers the parts of the unit and the risks that fall on you as the owner.
How much loss assessment coverage do I need?
It depends on your HOA’s master policy deductible and limits. We’ll review those with you and recommend a limit that makes sense. Loss assessment coverage is very inexpensive but uber important.
What if I rent my condo out?
A standard condo policy is built for owners who live in the unit. If you rent it out, you’ll likely need a landlord condo policy. See our Landlord Insurance page or give us a call.
Do you insure townhomes?
Yes. Depending on how your townhome and HOA are set up, it may be insured on a condo policy or a homeowners policy. We’ll help you figure out which applies.
Get a Condo Insurance Quote
To get started on your quote, call our office or click over to our quotes page.
