Townhome & Condo Insurance From a Local, Independent Advisor
Owning a condo or townhome in Denton, Lewisville, Flower Mound or anywhere in North Texas means sharing some responsibility with your homeowners association. The HOA's master policy typically insures common areas and parts of the building, while you're responsible for everything the master policy doesn't cover.
A condo insurance policy, often called an HO-6, is designed to fill exactly those gaps. Trailmark reviews your HOA documents and master policy so your coverage fits, with no costly overlaps and no dangerous holes.
What Townhome & Condo Insurance Covers
Interior walls, floors and fixtures
Repairs the parts of your unit you're responsible for under your HOA documents.
Improvements and upgrades
Protects the granite countertops, flooring, cabinets and other upgrades you or a previous owner added.
Personal property
Covers your furniture, electronics, clothing and other belongings.
Personal liability
Protects you if someone is injured inside your unit or you accidentally damage a neighbor's unit.
Loss assessment
Helps pay your share when the HOA charges owners for a large claim or a high master-policy deductible.
Loss of use
Pays for temporary housing if a covered loss makes your unit unlivable.
Condo or Townhome? Why Your HOA Documents Matter
Master policies vary. A bare walls policy covers only the structure, leaving you responsible for nearly everything inside. A single entity policy covers original fixtures but not your upgrades. An all-in policy covers more of the interior, including some improvements.
Townhomes add another wrinkle. In some North Texas communities the HOA insures the building, and a condo-style (HO-6) policy is the right fit. In others you own the structure and land outright and need a full homeowners policy. We'll read the fine print with you and recommend the right form.
Ways to Save on Condo Insurance
- Bundle condo and auto insurance
- Monitored security and smoke detectors
- Claims-free discounts
- The right loss assessment limit for your HOA's deductible
Townhome & Condo Insurance FAQs
What is HO-6 insurance?
An HO-6 is a homeowners policy designed for condo owners and some townhome owners. It covers the parts of your unit the HOA's master policy doesn't, plus your belongings, liability and loss assessments.
Do I need condo insurance if my HOA has a master policy?
Yes, in almost all cases. The master policy protects the building and common areas, but generally not your belongings, your liability or your interior improvements. Many HOAs and mortgage lenders also require owners to carry their own policy.
What is loss assessment coverage?
If your HOA has a large claim or a high master-policy deductible, it may split the cost among owners. Loss assessment coverage helps pay your share.
