Condo Insurance
Protect your condo, belongings, and peace of mind with coverage built for Florida living.
Condo Insurance in Florida.
Owning a condo in Florida is different from owning a house — and condo insurance works differently too.
Condo insurance — often called an HO-6 policy — helps protect parts of your condo unit, your belongings, liability exposure, and other costs your condo association’s master policy may not cover.
And that’s important: a lot of condo owners assume the HOA covers everything until they run into:
- water damage
- hurricane deductibles
- interior repairs
- loss assessments
- stolen belongings
- liability claims
Condo insurance helps cover the parts your association’s master policy typically does not.
What does Condo insurance cover?
Interior Coverage (“Walls-In”)
Depending on your HOA master policy, condo insurance may help cover:
- flooring
- cabinets
- countertops
- appliances
- paint and drywall
- bathroom fixtures
- electrical upgrades
Because many Florida condo associations only insure the building structure itself.
Personal Property
Helps protect belongings like:
- furniture
- clothing
- electronics
- TVs
- laptops
- jewelry
- kitchen items
From covered events like:
- theft
- fire
- certain water damage
- storms
Liability Protection
If someone is injured inside your condo, liability coverage may help with:
- legal expenses
- medical bills
- damages
Example:
A guest slips on a wet floor inside your unit.
Loss Assessment Coverage
This is HUGE for Florida SEO/content.
Many condo owners have never heard of it.
If your condo association’s policy deductible or damages exceed limits after a covered event, owners can sometimes receive shared assessments.
Loss assessment coverage may help protect you from unexpected out-of-pocket costs.
(Especially important in Florida after major storms.)
What your HOA may not cover
It’s a common misunderstanding that your HOA covers everything.
Usually, they do not.
Your condo association policy may cover:
- exterior structure
- roof
- shared areas
- elevators
- hallways
But your policy may still need to cover:
- your belongings
- interior upgrades
- liability
- temporary living expenses
- portions of water damage
- hurricane-related deductibles
Every association is different.
Florida Condo Risks
Florida condo owners face unique risks like:
- hurricanes
- wind-driven rain
- water damage
- flood exposure
- high storm deductibles
- aging condo buildings
- seasonal vacancy concerns
And many owners don’t realize:
standard condo insurance typically does NOT cover flood damage.
Do I need flood insurance for a condo?
If you live in Florida, we typically recommend flood insurance.
Even condos outside high-risk flood zones can experience:
- storm surge
- heavy rainfall flooding
- first-floor water intrusion
Flood coverage is usually separate from condo insurance.
Why Choose Smith & Thomas Insurance?
Local expertise – Serving families in Lakeland, Polk County, and across Florida for over 65 years.
Independent agents – We compare policies from multiple carriers, so you get more options and the best value. We work for you!
Personal service – We answer your questions and explain coverage in plain language.
Trusted guidance – Our clients rely on us to protect their homes, families, and futures.
Get a Free Condo Insurance Quote Today!
Protect your home with coverage you can count on.
Contact Smith & Thomas Insurance today for a free, no-obligation home insurance quote. Call us at 863-688-1141, request your quote online, or visit our office in Lakeland, Florida.