A condo unit is not a house, and the policy is not an HO-3. The association insures the building under its governing documents. You insure the part those documents leave to the owner, plus your belongings and your liability. The unit-owner form is often called an HO-6.
What it covers
Interior finishes and improvements that are your responsibility, your furniture and clothes, personal liability, and loss of use of the unit after a covered loss. Loss assessment coverage, added in an amount you choose, can respond when the association assesses owners for a covered loss. Some people add coverage for a special assessment that is not a one-time repair. Read the endorsement. It is not automatic.
What it doesn't cover
The association's building, if the master policy already covers it. The association's liability. Flood, unless you buy flood for the unit and the contents. A short-term rental of the unit, if the form excludes it. A milestone inspection, a concrete repair, or a reserve assessment for maintenance. Those are building costs, not a claim, unless a covered loss caused them.
Florida specifics
Section 718.111 is where the association's insurance duty lives. The statute and the declaration together decide whether the master policy is "bare walls," "single entity," or something else. Bring the declaration page of the master policy, or the association's insurance summary, when we quote the unit.
Section 553.899 requires milestone inspections for certain residential condominium and cooperative buildings as they age. That is a structural inspection, not a wind-mitigation report. An open structural issue belongs in the quote conversation. Citizens has said condo unit-owner policies are not part of its phased flood requirement for houses. Flood can still be a good idea on a ground-floor unit near the river or the beach.
How we help
Tell us the association name, the floor, whether you rent the unit out, and whether you have the master-policy summary. We set the HO-6 next to that summary so you are not paying twice for the same walls, and not missing the interior. Start a quote and check Condo, or call either office.