Condo Unit-Owners Insurance (HO6) vs. Homeowners Insurance (HO3)
If you live in a condominium unit, villa, or a townhome, ask yourself this question: What kind of insurance am I supposed to have, a homeowners insurance policy or a condo unit owners insurance policy? If you are unsure how to answer this question, then how can you be sure ...
Why do I have 3 different insurance policies for my home yet different limits of coverage on each?
This is a scenario I see commonly, and the answer isn't that simple (gee, what a surprise!). Insuring a home contains multiple layers of coverage for multiple different perils. Although personal needs and selections vary, to be adequately covered we suggest you carry Hazard Insurance, Wind/Hurricane/Hail insurance, ...