What Is Condo Insurance (HO6)?

Unlike traditional homeowners insurance, an HO6 policy is tailored specifically for condominium owners. It complements your association’s master policy by covering your unit’s interior and personal belongings, plus liability protection.

Key Coverage Areas:

Interior Structure: Walls, floors, ceilings, built-in cabinetry, fixtures, and appliances inside your unit
Personal Property: Furniture, electronics, clothing, and other valuables within your unit
Loss Assessment: Your share of costs if the condo association’s common areas are damaged or if the association faces lawsuits
Personal Liability: Protection if someone is injured inside your unit or if you cause damage to others’ property
Additional Living Expenses: Covers temporary housing and living costs if your unit becomes uninhabitable due to a covered event

Interactive Moment: Know Your Association’s Master Policy

Your condo association’s master policy typically covers the building’s exterior, common areas, and shared amenities. But coverage varies widely.

Ask Yourself:

Does the master policy cover “walls out” or just the building’s original construction?
Are upgrades or improvements inside your unit covered by the association, or are you responsible?
What are the deductibles and limits on the master policy?

Tip: Request a copy of the master policy and review it carefully. Understanding what’s covered helps you tailor your HO6 policy to fill any gaps.

What’s New for 2025? Regulatory and Market Updates

1. Stricter Building Safety and Reserve Requirements:
Following recent condo building incidents, Florida now mandates more frequent structural inspections and higher reserve funds for repairs and emergencies. These changes affect insurance underwriting and premiums.

2. Rising Premiums:
Due to increased construction costs, inflation, and more frequent claims, condo insurance premiums have risen 10–18% on average in 2025. Shopping around and bundling policies can help mitigate costs.

3. Increased Loss Assessment Coverage:
Many associations have raised deductibles or special assessments, passing costs to unit owners. HO6 policies now often require higher loss assessment limits—check your policy to ensure adequate protection.

4. Flood Insurance Considerations:
Florida condominium owners may now face lender or association requirements to carry separate flood insurance, even if located above ground level or outside FEMA high-risk zones.

Quiz: Is Your Condo Insurance Up to Date?

Have you reviewed your HO6 policy in the last 12 months?
Does your policy include loss assessment coverage that matches your association’s requirements?
Are you aware of any recent changes in your association’s master policy or reserve funding?
Do you have flood insurance if required by your lender or association?
Have you updated your personal property inventory recently?

If you answered “no” to any, it’s time for a coverage review.

Why Accurate Coverage Matters:

Underinsuring your condo unit can lead to significant out-of-pocket expenses after a loss. For example, if your policy only covers original construction costs but you’ve upgraded your kitchen or flooring, you may face uncovered repair costs.

Holiday Safety Tip: Liability Awareness:

With more guests visiting during the fall and holiday seasons, ensure your personal liability coverage is sufficient. Accidents happen—like slips on wet floors or injuries from decorations—your HO6 policy can protect you from costly claims.

How TruvaLink Insurance Agency Helps You

Access to 120+ carriers specializing in Florida and nationwide condo insurance
Expert guidance on regulatory changes and market trends
Same-day quotes, bilingual service, and escrow-ready documentation
Transparent advice tailored to your unique condo and personal needs

Ready to Review or Update Your Condo Insurance? Contact TruvaLink Insurance Agency today at (813) 492-2535 or visit www.truvalinkinsurance.com.

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Understanding Homeowners Insurance (HO3): The Basics & Beyond

By Yan Carlos Hernandez • October 13, 2025

2025 Edition – What Florida and U.S. Homeowners Must Know

TruvaLink Insurance Agency: Who We Are & How We Help.

By Yan Carlos Hernandez • October 6, 2025

Welcome to TruvaLink Insurance Agency’s Weekly Newsletter! At TruvaLink Insurance Agency, our mission is to make insurance simple and reliable for homeowners, real estate professionals, and small businesses nationwide. As an independent brokerage, we are licensed in all 50 states and have access to more than 120 A-rated and niche carriers, ensuring you always receive tailored, best-fit coverage. What Makes TruvaLink Insurance Agency Different? Carrier Breadth: We shop an extensive network of top carriers, including admitted and surplus lines, to find the right policy for your needs. Speed & Service: We deliver same-day quotes and escrow-ready documents, streamlining real estate transactions and reducing delays. Bilingual Support: Our team provides clear, friendly support in both English and Spanish, ensuring no client is left behind. Technology-Driven: Digital intake, e-signature, and secure document delivery create a seamless, modern insurance experience. Compliance & Transparency: We represent your interests, explain coverage in plain language, and never over-promise. Who We Serve: Homeowners, condo owners, renters, landlords, Mortgage lenders, loan officers, real estate brokers/agents, title & escrow professionals. Small businesses: contractors, trades, retail, professional services Our Experience Promise From quote to bind to service, TruvaLink Insurance Agency delivers fast, friendly, and transparent support. Whether you’re closing on a home, managing a real estate transaction, or protecting your business, our commitment to accuracy, reliability, and education sets us apart. What to Expect from This Series Each week, we’ll cover a new topic designed to empower you with knowledge—ranging from homeowners and flood insurance to premium financing, digital tools, and business coverage. You’ll learn how to avoid common pitfalls, maximize your protection, and leverage TruvaLink Insurance Agency’s expertise for your unique needs. Ready to Get Started? Visit www.truvalinkinsurance.com for more information or contact us for a personalized consultation. If you’d like to receive this newsletter in Spanish, please reply to this message or let us know via our website form. También podemos ayudarle en español. About TruvaLink Insurance Agency: Licensed in all 50 states | 120+ carriers | Bilingual service | Digital workflows | Compliance-first | Based out of Tampa, Florida Disclosure: Insurance coverage, premiums, and eligibility are determined by carriers and subject to underwriting. TruvaLink Insurance Agency provides insurance guidance only; for legal or tax advice, please consult a licensed professional. Next Week: Understanding Homeowners Insurance – The Basics & Beyond.

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