Condo owners across Rockville, Bethesda, and North Bethesda often misunderstand what their association's master policy covers — and end up underinsured. Here is what condo insurance (HO-6) actually does in Montgomery County.
What the Master Policy Does NOT Cover
Your association's master policy typically covers the building exterior and common areas — not your unit's interior, your belongings, your liability, or your additional living expenses if you are displaced. Those gaps are exactly what your personal HO-6 policy fills.
The Three Coverages That Matter
- Building/improvements (walls-in) — to rebuild your unit's interior, fixtures, and upgrades, typically $50K to $150K depending on finishes.
- Personal property — your belongings, usually $30K to $100K.
- Loss assessment — protects against your share of a master-policy deductible or shortfall the association levies on all owners. We recommend at least $50K; default amounts are far too low.
Match Your HO-6 to Your Master Policy
The right HO-6 depends on whether your association's master policy is "bare walls," "single entity," or "all-in." We review your master policy declarations and size your unit coverage so you are neither over- nor under-insured. See our condo insurance overview.
Own a condo in Montgomery County? Request a free quote and we will match your HO-6 to your building's master policy.
Quick Summary
Your condo association's master policy leaves big gaps. An HO-6 covers your walls-in, belongings, liability, and loss assessment — the last of which is routinely underbought. Match your HO-6 to the master policy structure.