Condo Insurance FAQs in Sarasota, FL

Condo policies typically include coverage for the following:

• Personal property, such as clothing, electronics and furniture
• Interior features, including cabinets, fixtures and flooring
• Personal liability if someone is injured in your unit or if you damage another party’s property
• Additional living expenses if your condo becomes uninhabitable due to a covered loss

Many HOAs carry a master policy that usually covers:

• The building’s exterior and common areas (like hallways, pools and roof)
• Liability for injuries in shared spaces

However, the master policy generally does not cover the interior of your unit and your personal belongings. Our team at Beck Insurance Group can review your HOA’s policy to identify any coverage gaps and make sure your condo insurance complements what the association provides.

Standard condo insurance typically does not cover flood damage. You’ll need to purchase a separate flood insurance policy.

Loss assessment coverage can help pay your share of costs if your HOA charges unit owners for damage or liability that exceeds the master policy’s limits. This is often especially valuable in Sarasota, where severe weather or large claims can lead to costly assessments.

Hurricane and windstorm coverage may be included, but often with separate deductibles or limitations. Flooding caused by hurricanes typically requires a separate policy.

Coverage for mold or water damage often varies by policy and cause of loss. Some policies limit or exclude mold, while others offer endorsements. Review your policy and ask us for additional options if you’re concerned about these risks.

Yes, but you may need specific coverage for rental activities. Let us know if you rent or plan to rent your condo, and we’ll help you get the appropriate policy.