Condominium insurance for units and common elements within the condominium requires the coordination of two different types of insurance. The first type of insurance is the master condominium policy purchased by the condominium association, which is also known as a “CGL” or commercial general liability policy. The second type of insurance is the unit insurance policy purchased by the individual unit co-owner which is most often the “HO-6” or Homeowners Policy Unit Owners Form 6. Read the entire article……………………………….
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