Your HOA’s master policy stops at the drywall
A Texas condo owner needs an HO-6 policy. The association’s master policy covers the building shell and common areas – it does not cover your flooring, cabinets, appliances, belongings, or your personal liability inside the unit.
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What this coverage includes
- Interior walls, floors, cabinets and fixtures (dwelling coverage)
- Your personal belongings
- Personal liability if someone is injured in your unit
- Loss assessment – your share of a master-policy shortfall
- Loss of use if the unit becomes uninhabitable
Loss assessment is the coverage people skip
When a hurricane damages the building and the association’s policy falls short or carries a large deductible, that cost gets split among unit owners. Loss assessment coverage pays your share. On the Texas coast this is not a theoretical risk, and default limits of $1,000 are usually far too low.
Read your association’s master policy type
A bare walls master policy leaves everything inside the unit to you. An all-in policy may cover original fixtures but not your upgrades. Send us your association’s declarations page and we will tell you exactly where the line sits before we quote.
Wind, hail and flood on Texas coastal condos
Coastal condo buildings often carry windstorm through TWIA at the association level, and flood through a separate policy. Your HO-6 can still need its own wind or flood coverage for contents and interior. We check all three together.
Getting the dwelling limit right
The most common HO-6 error in Texas is a dwelling limit set at a default of $5,000 or $10,000 when the actual cost to rebuild the interior – flooring, cabinets, countertops, fixtures, appliances, paint – is $40,000 or more.
Walk the unit and price what you would have to replace from bare studs. That number is your dwelling limit, not the purchase price of the condo and not the association’s number.
Also check the master policy deductible. Coastal Texas associations commonly carry wind deductibles of 2-5% of the building value, and your loss assessment exposure is a share of that figure.
We read the association declarations before quoting so the HO-6 fills the actual gap rather than duplicating coverage you already pay for through HOA dues.
Frequently asked questions
Is condo insurance required in Texas?
Not by state law, but nearly every mortgage lender requires it, and most associations require proof of an HO-6.
How much does condo insurance cost in Texas?
Most Texas HO-6 policies run roughly $400-$1,200 a year depending on unit value, location and deductible – coastal units sit at the higher end.
Does my HO-6 cover flood?
No. Flood is always a separate policy. See flood insurance.
Get a condo insurance quote
BenefitExcel is an independent agency in Corpus Christi. We shop multiple carriers on your behalf instead of selling one company’s product, and we review every renewal so you are not quietly paying more each year. Request a quote or call (361) 808-4988.