What would you like to do?

How much is condo insurance in Michigan?

already exists.

Would you like to merge this question into it?

already exists as an alternate of this question.

Would you like to make it the primary and merge this question into it?

exists and is an alternate of .

Read your governing documents to determine the coverage that should be available to you from the association's master policy.

Then, determine how much of your personal property you want to cover. Your personal coverage in a condominium is called an HO-6 policy, and may also include assessment protection in case of a disaster.

Ask your board to help you work through the kind of individual policy you need, and to educate you about coverage actually contained in the master policy.
1 person found this useful
Thanks for the feedback!

The question and answer are locked and cannot be edited.

Where can you get condo insurance?

There are two kinds of insurance that cover condominiums. 1. The association buys a master policy to insure all the real estate assets owned in common by all the owners. You

How much is title insurance for the purchase of a home in Michigan?

Cost of Title Insurance in Michigan   Title insurance is typically only a few hundred dollars (maybe $500). With that being said, it is often wrapped up in the purchase p

How much is a condo?

The cost of a condo depends on the size + quality. If you are looking to buy an amazing condo, about $50'000 is gonna go out your wallet.

How much homeowners insurance should you get on your condo?

You can find the answer you want in your governing documents, in your state's condominium law, and in your master policy.  Condominium associations are usually required to c

How do you figure out how much building property coverage you need on a condo insurance policy?

  Somewhere in your Association agreement or unit owners agreement there should be a section that states how much of your condo you are responsible for covering. They usua

Can you insure a condo if there is not longer an association?

If you live in a building made up of condominium units, there must be some legal governing body by way of which all owners share in the ownership of the common areas and limit

How much contractor insurance should a condo have?

The answer depends on how the contractor is employed by the association. If the contractor is bonded, insured and licensed -- best practices indicate this is the best positio

How much is condo insurance in Chicago?

Read your governing documents to determine the coverage that should be available to you from the association's master policy. Then, determine how much of your personal prope

How much coverage do you need to have on an HO6 condo insurance policy?

Best practices dictate that you work with the broker who write the  master policy, to determine whether or not the master policy is an  'all-in' policy. An all-in policy inc

Where and how to get Condo Insurance If Condo Insurance cancel you?

First we would need to know why you were cancelled? As if you were cancelled for misrepresentation or fraud then you are in trouble, but if you were cancelled for non payment

How much condo insurance do you need?

To determine how much condo insurance you need, you are best  advised to insure the contents of your unit, because the  association's master policy insures the real estate a

What insurance is available for owners of condos?

If you own a condo, you can get basically the same type of insurance as a homeowner, depending on what type of condo you have. If you condo is more like apartments, you may be