Insuring the Condominium

Along with the many advantages of living in a
condominium, there are unique insurance hazards
and problems. Fortunately, there are also unique
insurance products designed to help the reduce
risks of financial loss.
The condominium declarations and bylaws,
along with specific Florida Statutes set forth
the responsibilities and risks assumed by both
the association and the individual unit owners.
Because there is no standard for condominium
documents, it is critical that unit owners consult
with their insurance agent to properly insure the
condominium unit.

This booklet provides a general overview of
condominium insurance issues, but is only a guide;
unit owners should refer to their policy for exact
policy language.