Massachusetts Condo Insurance

How to Find Massachusetts Condo Insurance

Find the right condo insurance policy for you.


The population of Massachusetts is over 6.5 million people, making it the third most densely populated state in the U.S. This diverse population includes everything from new Harvard grads to young families and retirees. Condominiums have become more popular over the years, not only for those who want starter homes, but for those who are downsizing.
If you are buying a condo or townhome, remember to purchase Massachusetts condo insurance. An independent insurance agent in our network can help you identify the right coverage for your condo, based on what your condo association does and does not cover. Your agent can also help you compare multiple policies and Massachusetts condo insurance quotes to make sure you don’t exceed your budget. Find a member agent right in your area today.


Save on Condo Insurance

Our independent agents shop around to find you the best coverage.

(January-March) Condominium Market Overview

  • 3,098 closed sales were completed
  • The median sales price was $262,000
  • The average number of days a condo was on the market: 104
  • Sellers typically received 94.9% of the original list price
  • 6,596 new listings were placed on the market

What Is Massachusetts Condo Insurance?

To some people, purchasing a condo is more attractive than buying a single-family home. All your yard work and outdoor maintenance issues are taken care of, and many condos offer enticing amenities like a swimming pool and gym without the upkeep. Others enjoy the community spirit of a condominium complex. No matter why you buy a condo, it’s an investment worth protecting.

Your condo association or cooperative housing group will have a master policy that typically covers exterior walls and liability issues outside of your condo unit. You will need to purchase Massachusetts condo insurance, called an "HO-6" policy, for your risks as a townhome or condo owner. It will cover personal property damage and any liability risks you face. If your condo is damaged by a natural disaster or fire, this insurance is designed to help you recover. 

If you experience a break-in and theft, insurance can cover your losses up to the limits you set on your policy. When shopping for the right coverage, it's a good idea to pay attention to coverage limits and any exclusions on your policy. You may need more insurance than you think, or you may want to add additional endorsements for special valuables, artwork or collections you want insured.


Save on Condo Insurance

Our independent agents shop around to find you the best coverage.

Checking for Insurance Gaps in Your Condo Policy

When a single-family homeowner purchases insurance, it’s a given that the insurance policy must cover the structure of the home. When you purchase a condo or townhome, the structure of your condo is normally insured through the condo association with a master policy, but there are limits. Every master policy is different, so be sure to read through the policy for your specific condo association. For example, your association's policy may or may not cover the hardwood or tile flooring that was there before you moved in. An agent can help you identify any gaps in coverage and locate a policy that fully protects your condo.

Special Condo Considerations

Of course, not all condos are purchased as permanent homes. For many, a condominium is an ideal vacation home on Cape Cod. If your condo is vacant for several months out of the year, ask your agent about vacant condo insurance. Your agent can help identify the right coverage for your specific needs. For example, if you’re renting the condo while you aren’t there, you have different insurance needs than if you and your family are the only ones to use the condo. If it’s a rental property year-round, you may need landlord insurance.

Compare Massachusetts Condo Insurance Quotes

Getting the right Massachusetts condo insurance policy for your specific condo and your budget might take a little research. Fortunately, a local agent can help identify the risks you face, compare Massachusetts condo insurance quotes, and find coverage tailored to your unique needs. 

Contact a local member agent to get the information you need and make an informed choice.

Share this page on Twitter Share this page on Facebook Share this page on LinkedIn