Condo Insurance Coverage


What does condo insurance cover?

Condo insurance coverage provides protection for the things you're responsible for as a condo owner. That means your belongings, upgrades (custom cabinets), injuries at your place, lawsuits against you, and temporary living expenses while your condo is being repaired. Basically, it's the stuff your HOA doen't pay for.

Your insurance vs your HOA's insurance

Your condo association's policy covers what's their responsibility and your insurance covers what's yours.

HOA's Policy Covers:

  • Physical structure (roof, exterior siding, outside walls, windows)
  • Common areas (gyms, pools, party centers, etc.)
  • Your association may cover original features of your unit, such as the original floors, cabinets, kitchen countertops, etc. (if your association doesn't cover this, your insurance should)

Condo Policy Covers:

  • Your belongings
  • Injuries on/around your property
  • Temporary living expenses during repairs
  • Property damage or injury lawsuits against you (even if the damages happen away from your condo)
  • Customizations/upgrades, such as new granite countertops, updated kitchen cabinets (if you alter/change the unit, you will then become responsible for it)
There are plenty of grey areas. Such as if your roof leaks and your furniture is damaged. Your condo association should pay for those damages as the roof is their responsibility. Or, let's say a pipe bursts and damages your upgraded kitchen cabinets. Some associations cover plumbing and electrical. So your association may pay for that. In both situations, your insurance should cover these if your association will not.

Standard condo insurance coverage:

These are the basic condo insurance coverages and come standard in your condo policy:
  • Personal property

    Covers your belongings if stolen or damaged

    Personal property covers just about all of your stuff if it's damaged or stolen. This can include furniture, clothes, tools, bicycles, electronics, and more. Your belongings are even covered if they're not stored in your home (sheds, garages, your car, etc.). You're covered from fires, weather damage, power surges, theft/vandalism, water damage, and more.

    Example: Someone breaks into your car and steals your phone, clothes, and tools. Your insurance will cover these, but there may be some limitations on expensive items.

    Jewelry, art, memorabilia, computers, and other expensive items: Certain limits can apply to your more expensive items. But, you can easily get extra coverage for jewelry and other expensive items. When you get a condo insurance quote, we'll guide you through adding the right coverages.

  • Loss of Use

    Covers your temporary living expenses
  • Personal liability

    Covers lawsuits if you or a family member is sued
  • Medical Coverage

    Covers injuries at your place

Optional renters insurance coverages

You can add any of these coverages to your policy based on your needs:
  • Water back-up

    Covers water damage from backed-up sump pumps and sewers
  • Personal Injury

    Covers uncommon but expensive lawsuits and situations

    Personal injury coverage pays for legal fees and damages from:

    • Slander or libel lawsuits (something you say/write that damages a person's reputation or business)
    • False arrest, detention, or imprisonment
    • Wrongful eviction
    • Lawsuits against you, such as wrongful entry or malicious prosecution

    Example: Your teenage child damages their teacher's reputation by posting something online. So, the teacher decides to sue you. Personal injury can then cover a lawyer, your court fees, and any damages you need to pay, subject to your policy.

What isn't covered by renters insurance?

Renters insurance won't cover damages to the roof, building/exterior of your residence or the premises around it. Those areas are your landlord's responsibility and, if damaged, your landlord would have to pay for those repairs.

Get a Condo Insurance Quote

Compare condo insurance quotes in just minutes. When you compare rates, you open up savings opportunites.
Call 1-877-334-7646 to speak with an insurance agent.

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Location Address

Physical Address:
20322 Windrow, Suite 150-A
Lake Forest, CA 92630

Mailing Address:
PO Box 62436
Irvine, CA 92620

(714) 955-4132 - Local
(877) 344-7646 - Sales & Service
(760) 238-7116 - Agency Affiliation
(888) 316-4832 - Fax

Copyright IronPoint Insurance Services, LLC | California License No. 0G87821 | PO Box 62436, Irvine, CA 92602 | 877.334.7646

IronPoint Insurance Services is an independent insurance agency licensed (#0G87821) with the California Department of Insurance. We are authorized agents for many A+ rated Arizona, California and Utah insurance companies. We provide consumers with online, phone, and in-person insurance services through our insurance company relationships. IronPoint Insurance Services, LLC offers multiple insurance quotes to provide consumers several options for their insurance products. We offer auto insurance through Mercury Insurance Group, Travelers Insurance Companies, The Hartford, MetLife Auto & Home, and Progressive Drive Insurance. We are authorized insurance agents for these companies and do not charge any fees for our services. If an IronPoint insurance agent trys to charge you broker or agency service fees for representing these companies, please contact us immediately.

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