Values and limits
Review which property is described in the policy and how reconstruction values were determined. A unit’s market value does not necessarily equal the cost of rebuilding the building.
Deductibles
Compare premiums alongside deductibles. Ask whether a percentage applies, what it is based on and how the association would respond to a loss.
Coordination with unit owners
Compare the master policy with condominium documents and individual HO-6 insurance. Do not assume one policy covers everything excluded by the other. Ask for written clarification of responsibilities.
General information; not legal advice or a binding offer. All coverage is subject to the issued policy, its conditions, limits and exclusions.