Securing Your HO-6 Insurance
Understanding the "walls-in" policy required for your new Leisure World home.
An HO-6 insurance policy is specifically designed for condominiums and cooperative housing. While the Mutual corporation insures the physical building exterior, an HO-6 policy protects everything inside your unit, as well as providing you with personal liability coverage.
Who Covers What?
The Mutual Master Policy
The Mutual's insurance focuses on the structural shell of the building. This generally covers:
- The roof and exterior walls
- Common areas and community property
- Original structural framework
Your HO-6 Policy
Your required HO-6 policy covers everything from the drywall in. This generally covers:
- Flooring, cabinetry, and fixtures
- Personal belongings (furniture, electronics, clothing)
- Personal liability (if someone is injured inside your unit)
- Loss of use (living expenses if the unit becomes uninhabitable)
To avoid unforeseen roadblocks, we highly recommend utilizing Seven Gables Insurance Services powered by Steele Insurance.
Lauren specializes in the unique requirements of Leisure World cooperatives. She can quickly provide you with a competitive quote that meets all Mutual specifications, ensuring your escrow closes smoothly and on time.
Get Your Quote at LaurenKnowsInsurance.com »