Compare Condo (HO-6) Insurance for Florida Unit Owners
Your association’s master policy protects the building and common areas-but not everything inside your home. We size your “walls-in” Coverage A, add Loss Assessment, Water Backup, Ordinance or Law, and the right personal liability so you’re protected in Florida’s hurricane-prone condo market.
Why HO-6 Matters in Florida
Condo ownership splits responsibility between the association (for the building and common elements) and you (for the interior and your belongings). Florida’s condo boom and hurricane exposure mean master policies often carry massive deductibles, and recent legislation (SB 4-A) requires HOAs to carry higher limits with specific coverage. Your HO-6 fills gaps in interior coverage, personal property, liability, and crucially loss assessment for those huge HOA deductibles.
Local considerations: wind-driven rain, hurricane deductibles (2-5% of insured value), and aging concrete high-rises increase exposure; post-Surfside collapse regulations now require structural inspections that can trigger special assessments.
Step 1: Identify Your Master Policy Type
| Master Policy Type | What It Usually Covers | Your HO-6 Should Emphasize |
|---|---|---|
| Bare-Walls / Studs-Out | Structure & common elements up to the unfinished interior surface | Higher Coverage A (walls-in) for drywall, flooring, cabinets, built-ins, fixtures; betterments & improvements |
| All-In / Single-Entity | Structure, common elements, and standard interior finishes originally provided | Upgrades beyond original specs, personal property, loss assessment, and water backup |
| Modified All-In | All-in with carve-outs (e.g., interior glass, fixtures, hurricane shutters) | Targeted walls-in for carved-out items + loss assessment |
Florida condo docs must now include master policy details per new law. Bring your master policy certificate, bylaws/master deed insurance section, and any SB 4-A reserve study. We’ll coordinate coverage precisely.
Step 2: Build the Right HO-6 Package
Walls-In (Coverage A)
- Drywall, flooring, impact windows, built-ins, cabinets
- Fixtures (AC units, hurricane shutters), interior doors & trim
- Betterments & improvements above “builder grade”
Personal Property (Coverage C)
- Furniture, clothing, electronics-choose RC or ACV
- Schedule jewelry/fine arts; Florida sub-limits for boats/PWCs
- Off-premises protection for seasonal residents
Loss of Use (ALE)
- Temporary housing & extra living costs after covered loss
- Extended limits for snowbirds displaced mid-season
Personal Liability & MedPay
- $300k-$1M typical; Florida courts favor higher limits
- Consider Personal Umbrella for condo board exposures
Key Add-Ons
- Loss Assessment-Florida HOAs have 2-5% hurricane deductibles
- Water Backup-critical for ground-floor/garage units
- Ordinance or Law-post-hurricane code upgrades (impact windows)
- Hurricane Deductible Buyback-if available on your master
Step 3: Sizing Your Limits (Florida-Specific Tips)
- Walls-In: Florida replacement costs 30-50% higher due to impact-rated materials; bare-walls needs substantial Coverage A.
- Loss Assessment: Match or exceed your HOA’s hurricane deductible (often 2-5% of building value). Post-Ian, $1M+ limits common.
- Ordinance or Law: Essential-hurricane repairs trigger Florida Building Code upgrades (impact glass, tie-downs).
- Windstorm: Confirm if master policy excludes/excess wind; some coastal condos require separate wind policies.
- Umbrella: Florida’s litigious environment + balcony falls/pool accidents demand extra liability.
Renting Out Your Florida Condo?
Switch to DP-3 condo-landlord form for loss of rents and proper tenant liability. Florida’s 30-day minimum rental rule affects many associations; we handle rental pool certificates, security deposit requirements, and compliance with local short-term rental ordinances (Miami-Dade, Orlando, Tampa rules vary).
Proof Is in the Reviews
Our Process for Florida Condo Owners
- Review Docs - master policy + bylaws + SB 4-A disclosures + milestone inspection.
- Confirm Type - bare-walls vs. all-in; note hurricane deductible percentage.
- Right-size Limits - walls-in, contents, $1M+ loss assessment, ALE for snowbirds.
- Bind & Certs - association certificates; windstorm gap analysis.
- Annual Review - reserve studies, inspection findings, rate changes.
We Serve Florida’s Condo Markets
Miami-Dade, Broward, Palm Beach, Hillsborough, Orange, Duval, Lee, Collier, Sarasota, Pinellas, Volusia-and every coastal/high-rise condo community statewide.
Why Choose Insurox?
- Access to Florida-admitted carriers + surplus lines
- Hurricane claims specialists
- Wind mitigation & 4-point inspection expertise
- SB 4-A compliance guidance
- Statewide Florida condo insurance advisors
Condo Insurance FAQ - Florida
How do Florida’s new condo laws affect my HO-6?
SB 4-A (2022/2023) requires HOAs to carry higher insurance limits, conduct milestone inspections (30+ years old), and maintain reserves. This reduces some master policy gaps but increases loss assessment exposure due to higher deductibles. Your HO-6 must now coordinate with these reserve studies and inspection findings-we read the new required disclosures with you.
What’s a typical loss assessment limit post-hurricane?
Florida condo master policies carry 2-5% hurricane deductibles on multi-million building values. A $10M building with 5% deductible = $500k total; your share could easily hit $50k-$100k. We recommend $1M+ loss assessment limits, especially coastal. Ask your HOA for the exact deductible percentage.
Does my HO-6 cover hurricane damage?
Standard HO-6 covers wind damage to your interior/upgrades/personal property (subject to master policy coordination), but hurricane deductibles apply. Flood is always separate (NFIP/private). Many Florida condos have windstorm exclusions or excess policies-we verify your master’s wind coverage before quoting.
Why is Ordinance or Law coverage critical in Florida?
Post-hurricane repairs trigger Florida Building Code upgrades-impact windows/doors, reinforced roofs, tie-downs. Even if damage is minor, code may require full elevation compliance. This coverage pays those upgrade costs; essential for every Florida HO-6.
Do I need separate flood insurance for my condo?
Yes-flood is excluded from all condo policies. Florida’s storm surge + inland flooding affects even high-rises. NFIP RCBAP covers condo associations; individual HO-6 owners need NFIP dwelling policy or private flood. We check FEMA maps + Florida risk scores.
Can I rent my Florida condo short-term?
Many associations limit to 30-day minimums, but Orlando/Tampa allow shorter with registration. Switch from HO-6 to DP-3 landlord; add loss of rents. Local ordinances (Miami 30-day min, Orlando registration) + HOA rules apply. We handle certificates for platforms, cities, and associations.
