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Condo Master Policy Coverage: How Your Bylaws Impact Your Insurance

Buying a condo comes with unique insurance needs — and they all start with understanding condo master policy coverage.

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Condo Master Policy Coverage: How Your Bylaws Impact Your Insurance

The short answer

Your association’s bylaws determine what the master policy covers and what you must insure yourself. Get this wrong, and you could either overpay for coverage or be left underinsured when disaster strikes.

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Customers First Insurance Group. This article provides general educational information, not legal advice or a coverage determination. Coverage, eligibility, pricing, and claim outcomes vary by policy, insurer, facts, and applicable law. Read your policy and consult a licensed insurance professional about your situation.