What does the condo master policy cover?
Section 718.111(11) requires every Florida residential condominium association to carry adequate property insurance, which may be based on replacement cost set by an independent appraisal updated at least every three years. Policies issued or renewed since January 1, 2009 must provide primary coverage for all portions of the condominium property as originally installed (or replaced with like kind and quality), plus alterations made under s. 718.113(2).
The board sets the master-policy deductibles. Deductibles and damage beyond the policy limits are generally a common expense shared by owners, unless the damage was caused by an owner's, occupant's or guest's intentional conduct, negligence or failure to follow the declaration or rules.[1]
What does your HO-6 need to cover?
The statute says the master policy must exclude these items when they're inside your unit and serve only your unit, making them the owner's responsibility to insure:
- Personal property in the unit or limited common elements
- Floor, wall and ceiling coverings
- Electrical fixtures, appliances, water heaters and water filters
- Built-in cabinets and countertops
- Window treatments such as curtains, drapes and blinds[1]
What else is in a typical HO-6?
Citizens describes its HO-6 as covering certain interior features of the unit, personal property, additional living expenses and liability, but not the building's exterior. Your declaration of condominium and bylaws also assign maintenance responsibilities, so read them alongside the policy.[2][1]
How do loss assessments and costs work?
As of 2026, s. 627.714 requires every unit-owner policy to include at least $2,000 of loss assessment coverage for all assessments from the same covered loss, with a deductible of no more than $250. The limit that counts is the one in effect the day before the loss, and the HO-6 is excess over any other policy covering the same property. Since a large master-policy deductible can reach owners as an assessment, ask a licensed agent about higher limits.
For budgeting, OIR reported average condo unit-owner premiums including wind of $1,816 in Broward and $2,311 in Palm Beach County as of March 31, 2026. The CFPB notes that condo fees usually include master insurance for common areas, but you still need your own unit policy.[3][4][5]
Key takeaways
- The association's master policy covers the condominium property as originally installed, including common elements.
- Your HO-6 covers contents and in-unit items like flooring, cabinets, countertops, appliances and fixtures.
- Florida requires at least $2,000 of loss assessment coverage on every HO-6 policy.
- Master-policy deductibles are generally a shared common expense, so check the association's deductible.
- Review the declaration and the association's insurance details with a licensed agent before closing.
Sources
- [1]Florida Statutes (2026) — s. 718.111, The association (subsection 11, Insurance)
- [2]Citizens Property Insurance Corporation — Personal Policies
- [3]Florida Statutes (2026) — s. 627.714, Residential condominium unit owner coverage; loss assessment coverage required
- [4]Florida Office of Insurance Regulation — Property Insurance Stability Report, July 1, 2026
- [5]Consumer Financial Protection Bureau — Shop for homeowner's insurance
Reviewed October 11, 2026. General real-estate information for Florida, not legal, tax, lending or insurance advice. Laws, rates and deadlines change — confirm property-specific facts with the agency cited, a Florida real-estate attorney, CPA or licensed insurance agent.