HO6

Insurance Questions Condo Owners Should Ask Their Agent

An HO6 policy, also known as condo insurance in Hawaii, is a type of homeowners insurance policy that covers condo unit owners. It can cover damage to your condo unit and belongings, liability claims, and additional living expenses if you can't stay in your residence due to a covered incident. Know the questions to ask about your condo homeowners insurance policy coverage so you don’t get left holding the bag for uncovered damages. Don’t assume something is fully covered It is important to ask y [...]

Understanding Different Types of Condo Insurance and Claims

Insurance claims have been growing. One common issue that arises is who is responsible- the association or the owner- when damage occurs. Whether the association’s master policy, or a unit owner’s HO6 policy will be covering the damage can be answered in the Condominium Association’s Governing Documents, Declarations or Bylaws. These are the documents that define what the association or owner is responsible for. Generally speaking, condominium declarations or bylaws usually take the position tha [...]

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