Your Unit. Your Belongings. Your Coverage.
Your condo association's master policy covers the building, but not what's inside your unit. FEI & GAC provides HO6 condo insurance that protects your interior, your belongings, and your liability across Florida.
Your Association's Master Policy Does Not Cover Your Unit.
This is one of the most common — and costly — misconceptions in Florida condo ownership. Your condo association carries a master insurance policy that covers the building's exterior, roof, and common areas. It does not cover the interior of your unit, your personal belongings, or your personal liability.
Many Florida condo owners assume that because they pay monthly HOA assessments, they are fully protected. Unfortunately, this assumption has led countless owners to discover expensive coverage gaps only after a loss occurs. An HO6 condo insurance policy from FEI & GAC fills those gaps — protecting what the master policy leaves behind.
HO6 Insurance: Built for Florida Condo Owners
Condominium communities are quite common in Florida, and they have their perks. One of the largest selling points is that condo owners are not responsible for the exterior of the building structure or the building's common areas. Those are covered by the condominium association's master policy. However, from the studs in, the responsibility falls to the unit owner, and most condominium associations require the homeowner to carry specific insurance coverage.
FEI & GAC Wealth Management provides condo insurance, also known as HO6 insurance, to condo owners throughout Tampa Bay and across Florida. As an independent agency working with dozens of Florida's top insurance carriers, we shop the market to find the right coverage at the best available rate for each client. We can also bundle your condo and auto insurance, which may result in premium savings on both policies.
We encourage every condo owner to have their master policy and current condo insurance policy reviewed together to ensure they have the appropriate amount of coverage. The type of master policy your association carries has a direct impact on how much your HO6 policy needs to cover, and the difference can be significant.
We proudly serve condo owners throughout:
Who Needs HO6 Insurance?
- Florida condo unit owners (primary residence)
- Condo investors & rental property owners
- Snowbirds with Florida condos
- First-time condo buyers
- Retirees downsizing into condo living
- Anyone with a condo mortgage (most lenders require it)
Bundle & Save
Bundling your condo insurance with your auto policy through the same carrier can result in meaningful savings on both premiums. Ask us about multi-policy discounts when you request your quote.
Have Your Policies Reviewed
We offer free policy reviews — bring us your master policy and current condo coverage and we'll identify any gaps and make sure you have the right amount of protection.
(813) 600-3268 office@feipartners.comThree Types of Condo Master Policies in Florida
Florida condo associations can choose from different master policy coverage forms — and each one has a direct impact on how much your HO6 policy needs to cover. Knowing which type your association carries is critical.
Bare Walls-In
The association's coverage stops at the bare drywall or studs. Everything from the drywall inward is the unit owner's responsibility. Your HO6 policy must cover:
- Interior walls, floors & ceilings (finished surfaces)
- Cabinets, countertops & built-in fixtures
- Appliances & interior plumbing/electrical
- All renovations & upgrades you've made
Single Entity (Walls-In)
The association covers the original fixtures, finishes, and built-ins that were installed when the building was constructed. However, the association does not cover any of the upgrades or improvements made by unit owners. Your HO6 policy must cover:
- Any renovations or upgrades above the original standard
- Improvements made by previous or current owners
- Your personal property & liability
All-In (All-Inclusive)
The broadest master policy: covers the building structure plus most built-in features inside each unit, including fixtures and sometimes appliances. Your HO6 policy needs to cover primarily:
- Your personal belongings & furniture
- Personal liability
- Loss of use & additional living expenses
- Any custom upgrades beyond original finishes
The type of master policy your association carries should be stated in your condo documents or bylaws. Our agents will review your master policy alongside your HO6 coverage to identify any gaps and ensure you have the right amount of protection. Contact us to schedule a free policy review.
What Your HO6 Condo Policy Covers
An HO6 policy is designed specifically for condo unit owners, providing walls-in protection for your personal investment and the belongings inside your home.
Dwelling Protection (Walls-In)
Covers the interior structure of your unit including: walls, floors, ceilings, cabinets, countertops, and built-in fixtures, from damage caused by covered perils such as fire, burst pipes, and vandalism. The amount of dwelling coverage you need depends on which type of master policy your association carries.
Tip: A bare walls-in master policy requires significantly more dwelling coverage from your HO6 than an all-in master policy.
Personal Property Coverage
Covers your furniture, televisions, computers, clothing, electronics, and other personal belongings against damage, loss, or theft, whether the loss occurs inside your unit or away from home. Your association's master policy never covers your personal property.
Personal Liability Coverage
Protects you if someone is injured inside your unit or if you accidentally damage another person's property. Covers legal fees and medical bills. Essential for Florida condo owners, as the association's master policy does not cover your personal liability within your unit.
Loss Assessment Coverage
One of the most important and often overlooked coverages for Florida condo owners. If your condo association suffers a large loss that exceeds the master policy's limits, the association can assess individual unit owners for a share of the shortfall. Loss assessment coverage pays your portion of that assessment, up to your policy limit.
Many Florida condo associations require unit owners to carry a minimum of $2,000 in loss assessment coverage. Ask us whether your association has a specific requirement.
Additional Living Expenses
If your condo unit becomes uninhabitable due to a covered loss such as: a fire or burst pipe, this coverage pays for temporary housing, meals, and other additional living costs while your unit is being repaired.
Improvements & Upgrades
If you or a previous owner made upgrades: new flooring, upgraded kitchen, bathroom renovations, those improvements may not be covered under certain types of master policies. Your HO6 policy can be structured to cover the value of those upgrades specifically.
Don't Wait Until a Loss to Find Out What You're Missing
If you own a condominium in Florida, we encourage you to have your master policy and current condo insurance policy reviewed together by one of our licensed agents. Many condo owners make the mistake of thinking the master policy will cover all of their basic needs, only to discover after a disaster that they don't have the coverage they need to pay for the damages.
Our agents will compare your master policy's coverage form against your existing HO6 policy, identify any gaps, and recommend the right coverage amounts for your specific situation — at no cost or obligation.
Request a Free Review & QuoteReady to Protect Your Florida Condo?
Request a free, no-obligation quote and we'll find the right HO6 condo insurance for your unit, your association's master policy, and your budget.
Speak With a Licensed Agent
Our team is available Monday through Friday during business hours. We're happy to review your master policy, answer any questions, and find the right condo coverage for you.
Land O Lakes, FL 34638
St. Petersburg, FL 33702