What type of insurance should you have if you own a Boston condo?

Boston Condos for Sale

What type of insurance should you have in you own a Boston condo?

Do you own a Boston condo? Did you just purchase a Boston condo for sale?

In this Boston real estate blog post I’ll give you a brief ouline on what type of insurance you should have for your condominium.

Every owner should purchase an HO-6 Condominium Homeowners Policy — a ‘walls-ins’ policy — to insure their own installed fixtures, personal property, loss of use with additional living expenses and/or loss of income and rental income.

Coverage should cover the building’s overall policy deductible and, most importantly, insure for personal liability.. If you’re getting a mortgage, a lender will require you to keep this type of policy in place during the duration of your ownership.