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Condo Owners
Insurance

Essential Protection for Your Miami Unit

Owning a condominium in Miami provides a unique lifestyle, but it also means having unique insurance needs. While your Homeowners Association (HOA) maintains a master policy, that policy typically only covers the exterior structure and common areas. As a condo owner, you are responsible for everything from the walls in, including your personal belongings, liability risks, and interior finishes.

New Path Insurance specializes in tailoring Condo Owners Insurance policies (HO-6) that fill the crucial gaps left by your HOA’s master policy. We offer comprehensive, affordable coverage to protect your investment from unexpected events, including the frequent threat of South Florida severe weather.

Comprehensive Condo Insurance in Miami - Newpathins - Freepik

Key Components of Robust Condo Owners Coverage

Unit Property Coverage (Walls-In)

This is the heart of your condo policy. It protects the structural components you are responsible for, which usually includes interior walls, cabinets, fixtures, flooring, and built-in appliances. We assess your HOA’s master policy (which may be “bare walls-in,” “all-in,” or “single entity”) to ensure your policy covers the full replacement cost of your unit’s interior and any improvements you have made. We secure the parts of the building you own and maintain.

Personal Belongings Protection

This coverage protects your possessions, from furniture and electronics to clothing and jewelry, against covered perils like fire, theft, or wind damage. Unlike the HOA policy, your Condo Owners Insurance ensures that your personal property is replaced or repaired up to your policy limits. Your personal assets are protected, whether they are inside the unit or temporarily elsewhere.

Personal Liability Insurance

Condo living means close proximity to neighbors. This protection is vital if someone is accidentally injured inside your unit, or if you cause damage to another unit (such as a water leak from your bathroom). It covers legal defense costs and settlement or judgment expenses, protecting your financial future from costly lawsuits. Liability coverage offers critical defense against third-party claims.

Loss of Use (Additional Living Expenses)

If a covered event, like a fire, makes your condo uninhabitable, this coverage pays for your temporary housing, food, and other increased living expenses while your unit is being repaired. This means you won’t face the financial burden of rent or hotel stays on top of managing repairs. We ensure you have a comfortable place to live during restoration.

Protect your interior world and personal assets. Get a free, customized quote for Condo Owners Insurance from New Path Insurance today.

Get a Free Condo Insurance Quote Today

    Additional services from New Path Insurance

    Pet Insurance

    Jewelry Insurance

    Liability Insurance

    Tenant Insurance

    Life Insurance

    Health Insurance

    Flood Insurance

    RV Insurance

    Boat Insurance

    Car Insurance

    Condo Insurance

    Landlord Insurance

    Commercial Property Insurance

    Motorcycle Insurance

    Homeowners Insurance

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