Search a variety of Homeowners Insurance Terms
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Condominium
multi-family housing where units are owned individually by private owners but common areas are the shared responsibility of all tenants.
Condo Insurance
Condo Insurance is a home insurance policy designed around the specific needs of condo owners. It provides coverage for contents, liability, MedPay, living expenses, and limited structural coverage. Condo owners will typically also need to purchase a Master Policy from their homeowners association. Read more about master policies and condo insurance.
DISCLAIMER: The information provided above is intended to be a guide to understanding common homeowners insurance terms. HomeInsurance.com does not intend this information to be official or legally binding. HomeInsurance.com uses this list as a basic guide to understanding these terms and should not be considered complete or definitive.