The association's master policy covers the building structure, common areas, and shared systems-but it stops at your unit's walls (or at the original interior finishes, depending on the policy type). Your HO-6 fills the gap: it covers your interior walls-in, personal property, personal liability, and additional living expenses after a covered loss. In Oklahoma, master policies often carry high wind/hail deductibles, so coordinating coverage between the two policies is critical.

The answer is in two documents: the master policy certificate and the insurance section of your condo bylaws or master deed. A bare-walls (studs-out) policy covers the structure up to the unfinished interior surface-drywall, flooring, cabinets, and fixtures are your responsibility. An all-in (single-entity) policy covers standard original finishes too, leaving you responsible only for upgrades and personal property. We'll read these documents with you and size your Coverage A accordingly.

Loss Assessment coverage pays your share of a special assessment levied by the HOA after a covered loss that exceeds the master policy's limits or triggers its deductible. In Oklahoma, wind/hail deductibles often run 1-5% of building value, creating large assessments after storms. We recommend a limit that covers your pro-rata share of the master policy deductible-ask your board for that figure before selecting coverage.

Oklahoma master policies commonly apply 1-5% wind/hail deductibles. After a tornado or hailstorm, this creates large assessments spread among owners. Wind/Hail Buyback on your HO-6 reimburses your share of that deductible, preventing out-of-pocket losses. Essential coverage in Tornado Alley-available from select carriers we work with.

Yes-tornado wind damage is covered under both master policy and HO-6 (subject to deductibles). Hail is also covered. However, master policies often have high wind/hail deductibles that trigger loss assessments. Your HO-6 plus loss assessment/wind buyback fills these gaps. Note: earthquake and flood require separate coverage.

When a covered loss triggers repairs to your unit's interior, local building codes may require upgrades beyond simply restoring what was there before-updated wiring, plumbing, or wind-resistant features to current code. Ordinance or Law coverage pays those costs. Valuable in Oklahoma where storm damage often triggers code upgrades.

Not adequately. A standard HO-6 is written for owner-occupants; once a tenant moves in, coverage gaps open up-particularly around liability and loss of rental income. We'll rewrite the policy on the appropriate landlord or condo-landlord form, adding loss of rents and proper liability exposure for Oklahoma rental requirements.

$300,000-$500,000 per occurrence is a common starting point. With severe weather risks and potential neighbor liability (water leaks, wind-driven debris), consider a Personal Umbrella adding $1M+ above your HO-6. Essential if you rent the unit or have significant assets.