tag

426 Main Street Suite 2

Stoneham, MA 02180

Call: 781-438-1375

Fax: 781-438-6790

Mon - Fri: 9:00 - 5:00

Contact Us 24/7 Online

Condo Owners Insurance

Condo Owners Insurance - Featured Image
Protect Your Condo, Secure Your Peace of Mind!

Welcome to LoPriore Insurance Agency! We are committed to ensuring that your condo is well-protected with the finest condo insurance coverage available. Our team recognizes the importance of safeguarding your valuable investment, and we offer personalized insurance solutions that are perfectly tailored to meet your specific requirements and financial plan. With our competitive rates and exceptional customer service, obtaining condo insurance has never been more straightforward. Don’t take any chances with leaving your cherished condo unprotected – make the wise decision and choose LoPriore Insurance Agency today! Contact us now for a complimentary quote and experience the peace of mind you rightfully deserve.

Start Comparing Your
Options Below

Massachusetts Condo Owners Insurance
Quote Options

In just a few minutes, you can compare quotes from several insurance companies

Instant Condo Insurance Quote

For an online condo quote, simply complete the form below. We will contact you to discuss coverage options and discounts.

Upload Your
Current Policy

Already have a policy? Easily upload your insurance policy so we can explore and compare true apple-to-apple options.

Contact An
Agent

Need assistance or have questions? Our agents are happy to help. Please call to discuss your insurance needs.

Instant Condo Insurance Quote

For an online condo quote, simply complete the form below. We will contact you to discuss coverage options and discounts.

Upload Your
Current Policy

Already have a policy? Easily upload your insurance policy so we can explore and compare true apple-to-apple options.

Contact An
Agent

Need assistance or have questions? Our agents are happy to help. Please call to discuss your insurance needs.


Massachusetts condo Insurance
Lopriore Insurance

At LoPriore Insurance, safeguarding your cherished condo and protecting your valuable assets is our top priority. Our dedicated team is here to make condo insurance easy for you, providing comprehensive coverage that brings peace of mind.

With access to a wide network of trusted insurance providers, we can tailor competitive solutions to meet the unique needs of your condo. Whether you require coverage for your personal belongings, liability protection, or additional features, we work closely with you to design the perfect condo insurance policy.

In the unfortunate event of unexpected incidents or accidents that exceed the limits of your primary coverage, our priority is to ensure a smooth claims process, providing the support you need during challenging times. Count on LoPriore Insurance for personalized attention, expert guidance, and a range of coverage options that make condo insurance hassle-free and ensure your cherished property is well-protected.

Understanding the Importance of
Condo Owners Insurance

What is It?

HO-6 condo insurance, a specific type of homeowners insurance, is specially designed to meet the unique needs of condo owners. It covers the interior of the unit and personal property against damage and liability claims, filling in where the condo association's master policy leaves off.

Why Do I Need It?

A condo insurance policy provides coverage for things not protected by your Condo Association Master Insurance Policy. While a master policy provides some protection, it comes in various coverage levels and does not protect each unit owner on an individual level. Protect your property, belongings, and finances from unexpected events with the right coverage. Also, this may be required if you have a mortgage on your condo. Your lender will likely require you to carry sufficient condo insurance to protect its investment.

Who Is It For?

Condo owners insurance HO-6 is designed for anyone who owns, rents, or has a financial interest in a condominium. It is essentially a homeowner’s policy but tailored for condo unit owners, and designed for condo owners. It offers essential coverage to help protect you financially in case of unexpected events or damages

Exploring What Condo Insurance Policies Cover

HO-6 condo insurance, also known as condo owners insurance, is designed to protect you from a variety of risks. Here’s a closer look at what condo insurance typically covers

Dwelling Coverage
Dwelling coverage in HO-6 condo insurance, often referred to as "building property coverage," is designed to protect the interior structure of your condominium unit. While the condominium association's master policy typically covers common areas and the exterior building structure, it generally does not extend to the individual units' interiors. That's where your dwelling coverage comes in.
Personal Property
This coverage helps replace your personal belongings, like furniture, electronics, and clothes, in the event of theft, vandalism, or damage from a covered peril such as fire or certain types of water damage within your condo unit.
Loss Of Use
Loss-of-use coverage provided by your HO-6 policy can pay for temporary living expenses. For example, hotel bills and meal costs would be paid to the policyholder while your condo is being repaired and deemed uninhabitable due to an insurance-related claim.
Personal Liability
If someone gets injured within your unit, or you accidentally cause damage to someone else's property, condo insurance can cover legal fees and medical expenses.
Medical Payments
This portion of the HO-6 policy covers minor medical bills for guests who are injured on your property, regardless of who is at fault.

Coverage can vary depending on the insurer and the specific policy. Be sure to read your policy documents carefully so you understand exactly what’s covered.
Also, consider whether you need additional coverage, like flood or earthquake insurance, which is not included in a standard condo insurance policy.

What Is The Difference Between An HO-6 Policy And A Master Policy

An HO-6 policy is a type of insurance designed specifically for condo unit owners, providing coverage for their individual units, personal belongings, and liability.

On the other hand, a master policy is obtained by the condo association to cover the building's structure and common areas, leaving the responsibility for insuring the individual units to the condo owners through their HO-6 policies.

Are You Required To Have
An HO-6 Condo Policy

Although an HO-6 condo policy is not required by law, it is extremely beneficial since your association’s master policy is limited in coverage. Likewise, mortgage lenders may require you to get a condo policy if you are financing your unit since it acts as an added form of protection for their interests.

Protect Your Condo by Getting Condo Insurance Today!

Discover the peace of mind that comes with safeguarding your condo and valuable assets. Our comprehensive condo insurance offers tailored coverage that protects your unit, personal belongings, and liability. Get a customized quote today and rest easy knowing you have the protection you need for your condo.

Condo Owners Insurance HO-6 VS Condo Master Insurance
What's the difference?

Personal Condo Unit Insurance
Personal Condo Unit Insurance, commonly referred to as HO-6 Policy, provides comprehensive coverage for everything within your condominium unit. This insurance is specifically tailored to protect your personal belongings and the structure of your individual unit.
Condo Association Coverage
Condo Association Coverage, also known as HOA Insurance or Master Policy, provides crucial protection for condominium buildings and common areas. This insurance policy is designed to safeguard the exterior structure of the building and shared spaces, providing peace of mind to both the association and individual condo owners.

Already Have Insurance Upload Your Policy

Switching Your Insurance Made Easy!

Upload Your Current Insurance Policy to Compare & Save!

Policy Comparison Submission
Already have coverage and want to compare? Scan your coverage page and upload it here. Accepted file types: .jpg, .png, .pdf, .doc, .docx.

What’s The Advantage of Comparing My Insurance Policy?

When you send us a copy of your policy, our team has an opportunity to get a snapshot of your current insurance coverage, discounts, and added riders on your existing insurance policy.

Where Do I Find a Copy of My Insurance Policy?

Insurance companies send you a copy of your insurance policy annually and if any changes to your policy have been made during the year. However, if you are unable to locate your policy, your insurance company or insurance agent should be able to send you a duplicate copy via email, fax, or mail.

What Happens When You Upload Your Policy?

Once we receive your uploaded policy one of our team members begins reviewing your policy. We will then contact you to discuss your coverage options. Every insurance company has different underwriting guidelines and offers different coverages and rates. Be advised while we try our best to quote with the information provided it still may be necessary to obtain additional information from you to prepare the most accurate rate.

Start Saving and Explore Discounts for
Condo Insurance

Get ready to unlock significant savings on your condo insurance and embrace the excitement of unbeatable discounts that will not only leave you thrilled but also make your wallet happy. With our tailored insurance solutions, we are committed to helping you protect your condo while keeping your budget in mind.

Please note that discount availability and amounts may vary between insurance carriers.

Start Saving and Explore Discounts for
Condo Insurance

Get ready to unlock significant savings on your condo insurance and embrace the excitement of unbeatable discounts that will not only leave you thrilled but also make your wallet happy. With our tailored insurance solutions, we are committed to helping you protect your condo while keeping your budget in mind.

Please note that discount availability and amounts may vary between insurance carriers.

How Much Do Condo Insurance Policies Cost?

Condo Unit Insurance -Cost

Once you’ve determined the necessary amount of insurance coverage for your condo, the next logical question is, “How much does it cost?” In Massachusetts, the average annual condo insurance rates are approximately $504. However, this cost can vary based on several factors, including the size of your condo, its location, and the level of coverage you choose. To get an accurate quote tailored to your specific needs, contact us today. We’ll help you find the best condo insurance at a competitive rate, providing you with the peace of mind you deserve.

Evaluating Premium Costs

Understanding the various factors that influence condo insurance costs is vital to making informed decisions about protecting your valuable investment. Once you’ve determined the coverage you need, it’s only natural to wonder about the associated expenses. Let’s delve into the key factors that influence condo insurance rates, so you can secure the right coverage without breaking the bank.

Deductible

The first consideration is your deductible, which is the amount you agree to pay before your insurance coverage becomes effective. Opting for a higher deductible can lower your premiums, but it's essential to strike a balance, as setting it too high may pose challenges in covering the deductible cost during a claim.



Condo Building
Insurance companies generally evaluate the likelihood of incidents based on factors like security, location, and the condition of your residence. Your premiums are then calculated according to the perceived risk associated with these factors.





Coverage Amount
Ultimately, the coverage amount you select directly impacts the cost of your insurance policy. Opting for higher coverage will naturally lead to higher insurance rates. It's essential, though, to ensure you have sufficient coverage to protect your valuable belongings adequately. In some cases, having numerous valuable items or preferring a higher coverage amount may result in paying higher premiums, but it ensures you are adequately protected in any situation.


Deductible

The first consideration is your deductible, which is the amount you agree to pay before your insurance coverage becomes effective. Opting for a higher deductible can lower your premiums, but it's essential to strike a balance, as setting it too high may pose challenges in covering the deductible cost during a claim.

Condo Building

Insurance companies generally evaluate the likelihood of incidents based on factors like security, location, and the condition of your residence. Your premiums are then calculated according to the perceived risk associated with these factors.

Coverage Amount

Ultimately, the coverage amount you select directly impacts the cost of your insurance policy. Opting for higher coverage will naturally lead to higher insurance rates. It's essential, though, to ensure you have sufficient coverage to protect your valuable belongings adequately. In some cases, having numerous valuable items or preferring a higher coverage amount may result in paying higher premiums, but it ensures you are adequately protected in any situation.

Extra Assurance, Extra Peace Of Mind

Secure your peace of mind today! Don’t leave your valuable assets at risk. Fill out the form below and get a free quote with no obligations. Take the first step towards a worry-free future – it’s quick and easy!

Quote Request Form

Request A Personal Insurance Quote Form
Upload your current policy coverage page and we will do all the quoting for you.

Condo Insurance FAQs

New to condo insurance and have questions? You’re not alone. Here are the most common questions we receive to help you gain clarity and protect your condo and belongings.

There are a variety of factors that go into determining the price of your condo insurance policy. Our experienced independent agents can help you use the following information to get the coverage you need at the best possible price.

  • Your condo bylaws and what is covered by your master policy
  • Amount of personal property you want to insure
  • The type of building your unit is located in – including construction quality, updates, and safety features like sprinklers
  • The deductible amount on your master policy
  • If you need “walls in” coverage

Master policies provided by your condo association can vary widely. Some are very basic, only providing minimal “bare walls” coverage, while others are quite comprehensive with added coverages for additional protection. These added coverages may include directors and officer’s professional liability, employee dishonesty, water back up, etc. Deductibles vary from one policy to the next as well. If you have difficulty understanding your master policy coverage, we’d love helping you decipher the details.

Massachusetts law does not require you to have condo insurance. However, many lenders do require an HO-6 policy to obtain a mortgage. Some condo owners require a condo insurance policy as well. Most importantly, this policy will provide you with important coverage for your possessions and potential liability losses. A master policy or other insurance doesn’t provide you with this vital coverage.

There are some things that a standard condo insurance doesn’t cover. Perils such as flood damage and earthquake damage often aren’t covered. You also might require additional coverage for your most valuable personal possessions or wish to have additional liability coverage. You can purchase additional optional coverage like flood insurance, a personal articles policy, or personal umbrella insurance to fill potential gaps in your coverage.

Your condo insurance might provide some elements of coverage that will extend to your home business, like replacement for electronics damaged by a covered event. For the business coverage you need, you’ll likely want to seek a commercial policy like a Business Owner’s Policy or In Home Business insurance.

Ready to Get Started?

Get Top Rated Insurance Coverage at the Best Price!

CALL US TODAY
LoPriore Best Homeowners Insurance Agency Boston

What Others Are Saying About Us!

Jane was a very thorough agent. Got us all the information we needed.
Outstanding business. John the owner runs a great business
Thomas Carney
Thomas Carney
1706167204
Had a great experience with LoPriore. Brian was super helpful and easy to communicate with. I'd definitely recommend him to anyone trying to navigate the insurance marketplace!
Madeline Line
Madeline Line
1698691773
I did some hunting online to obtain an auto insurance quote and I couldn't be happier with what Maria did for me. First, I loved that LoPriore had an option where I could simply upload my existing policy to obtain a quote. Next, Maria was so efficient in getting back to me. Then with her knowledge of insurance and her companies to choose from, and this is NOT an exaggeration: saved me thousands!! Maria had such sincere empathy for the high premiums we were facing, she went above and beyond to find us a great solution. This experience has truly renewed my faith that there IS indeed personalized customer service still alive and thriving out there. I am so pleased to have found a new insurance agency that I had only online reviews to go by at the start, and that I can without hesitation fully recommend! Do not give it a second thought. Move your policies here.
Kathy I
Kathy I
1698119096
John was extremely responsive and helpful in searching for insurance for our three family condo association. He went above and beyond answering the call on the weekend, looking through our current policy in detail, educating us on different options. I highly recommend John and his team.
Alisha Candela
Alisha Candela
1696361074
Richard was excellent - very helpful in helping us find the best possible BOP for our Condo with Quincy Insurance. Thank you!
Ira Lanik
Ira Lanik
1695934615
Brian Burgess was super easy to work with, and I was able to get a great policy without too much of a change in my premium, even though I went from a 13 year old car to a brand new car.
Tithi Dutta Roy
Tithi Dutta Roy
1690206403
Maria was a professional, courteous, and efficient agent. Within a week of initially contacting her, I received quotes, had all my questions answered, had my policies written, and she notified my previous carrier of cancelation. It was a pleasure working with her.
Chad Laliberte
Chad Laliberte
1689254503
Fast, accurate, responsive, and knowledgeable!
Lynn Thomas
Lynn Thomas
1687787112
Honest, straightforward service for commercial and personal insurance lines. I’m a satisfied , long time customer
Ramana Lagemann
Ramana Lagemann
1685988192
They have always treated us well and do a great job with our policies. They are always available if you have questions or concerns.
Bible4Shelley
Bible4Shelley
1685148846
Great experience! We have two units in a duplex. I was looking for a company that provides master insurance. The prices are much more reasonable than the company we used to work with.Quick responses. I’m happy I found them.
Nina Fine
Nina Fine
1683825783
I am so relived I was referred to this insurance company. It is true . . . . . you get what you pay for. I tried all the internet companies first and was bombarded by scams and wasted almost a week with ZERO results. I called and had the pleasure of being paired with an excellent agent Brian Burgess. By this time, I was in a complete panic because I couldn't pick up my new car from the dealership until was insured. I have always had an out-of-state West Coast license that was expired. He was so personable, patient, and very friendly. The most important is that he was professional and new exactly how to solve the insurance issue. He had my car insured within two hours! He has continued to follow-up with me through the process. I am going to refer him to my clients and friends. Thank you Brian!Raquel
Saved my HOA $1,500/year with much more coverage than our previous insurance agent. Tentative & informative.
Elisa Balboni
Elisa Balboni
1681827535
Best insurance experience ever. Thank you Brian.
Elena EVNV
Elena EVNV
1680807226
Just switched to LoPriore Ins. Agency. Got a better price from previous agency. Seems like better coverage so far so good
Stan Mills
Stan Mills
1678895614
From the moment I was in contact with LoPriore agent I felt comfortable and secure that I been connected to someone I felt secure speaking with. Made my transition smooth and easy. Thank you!
It has been absolute pleasure working with Richard M. and the team at LoPriore Insurance. For years we did the direct route with homeowners and auto insurance thinking it would be easier and save us money. In beginning of 2022 we converted our multifamily home into condos and couldn't find any agent or companies willing to work with such a small HOA. I contacted Richard in a state of frustration and confusion and within a couple of hours he provided me with options and pricing. I was shocked at his ability to make the process look so easy compared to others I had been in contact with. Since then, we've also switched our primary residence and auto over their agency and Richard was able to get us better policies at a cheaper price! Our days of trying to go direct are behind us - I'm so relieved to have a dependable contact who can eliminate the confusion on such an important topic. Thank you, Richard, for your guidance and expertise!
Johanna Teahan
Johanna Teahan
1670772058
LoPriore Insurance Agency is the best agency around. They are on top of things and get you the best prices. John & Rich are amazing. Always willing to go above and beyond to help me out.
Diana Reilly
Diana Reilly
1670612597
The staff at LoPriore Insurance are second to none! Friendly, quick and knowledgable responses whenever information is needed. We have been a customer for over a decade and I know our business is in great hands with LoPriore Insurance Agency!
Judith Halloran
Judith Halloran
1669143561
Best insurance company i ever worked with by far. Adam Griffin is really amazing and easy to work with.
avi golani
avi golani
1668718966
Business matters are taken care of professionally, with great courtesy and thoroughness. All staff respond to questions as best they can or refer you to other staff as needed. All businesses should strive to be as well run.
Joe Smith
Joe Smith
1663539289
Always quick, easy client service. Thank you.
Michael Cuddy
Michael Cuddy
1662487813
Always excellent service, advice and genuine customer care.
Mary Kelly
Mary Kelly
1661537083
Adam and the office staff is great anytime I call it gets done
Quick and considerate responses.
Emily Minty
Emily Minty
1656174402
Prompt and efficient service and results, Would highly recommend LoPriore Insurance Agency.
Helen Corrigan
Helen Corrigan
1656019779
Excellent rates and customer service.
Beverly Murphy
Beverly Murphy
1655980116
Always responsive, professional and helpful.
Devin Cole
Devin Cole
1654628713
I was given the most competitive quotes and the service is professional.
Xue Lin
Xue Lin
1653401533
It is a great comfort to have someone like John and his team at LoPriore Insurance looking out for me and my business. Exceptional service and product knowledge is the reason I have used them for my business bond policy for more than 15 years. The staff is professional and responsive. I highly recommend them for all insurance needs.
Licia Commito
Licia Commito
1653400226
Working with LoPriore has been incredible! Brian has been able to get great rates and is always incredibly quick to respond, prompt, and professional. If anyone asks me for a recommendation, I know where I'll be sending them!
Brian made getting a new car insurance quote so quick and easy! I would highly recommend Brian and LoPriore Insurance Agency to anyone looking for a new quote or a better price.
Emily Pedro
Emily Pedro
1651851616
Amazing service especially during these trying times! Made the process seamless and quick! John and Danielle were both great to work with! I highly recommend.
It's all about the service baby!
Lopriore Insurance is the type of agency that shops around for you (the client) getting the best rate and most important, they get you the right coverage.
Recently, I had my families commercial property switched over from another local agency, saving us over 3k with a bunch of extra bells & whistles we didn't even ask for (who does that). This kind of service has me telling my family and friends to support them because of all they do.
Mike Moccia
Mike Moccia
1556196383
I have appreciated all the help I’ve gotten, especially from Danielle! She always answered my phone calls and emails promptly and streamlined the process of getting multiple policies in place for us!
Wendy Vaughan
Wendy Vaughan
1540557208
We have been working with LoPriore Insurance Agency for many years for our auto, personal and business insurance policies. Being a small business owner, it's nice to know that if any issues arise, it only takes a quick phone call to have someone help address it. We always feel that we are in good hands with John and his amazing team!
Adam Griffith is our main man at lopriore insurance. Very efficient and honest! Not just an agent but a trusted advisor. Try and find someone to figure out how to insure a tattoo shop within a barber shop?? You would think it’s not possible, but Adam made it happen.
John and his team are the best.
I use them for all my insurance needs, auto, home and business.
Companies that I work with are always impressed on how quickly they respond to all our insurance needs.

Try LoPriore insurance, you will not be disappointed
John R. Micieli
John R. Micieli
1540331621
I send all my clients to LoPriore Insurance, I have received nothing but positive feedback both on price and service ! Keep up the great work John,Maria and Co.
Peter Camplin
Peter Camplin
1539883859
I couldnt imagine doing my insurance anywhere else! Theyre the best!
I got into an accident a little over a month ago. My agent Danielle was very helpful. She was always able to answer my questions, if I couldn't reach anyone from safety she was able to contact them and have them get back to me right away. When I had to go to the office and do paperwork work all of the employees were very nice and helpful. I highly recommend this agency.
Kristy Marie
Kristy Marie
1538484673
I have met many people in the Insurance industry, over my career of transacting Real Estate, and as a Broker/Owner of a firm. None, have made themselves so invaluable that I call them first without question, except for Lopriore. They offer consistently great service and rates, and help my clients with timely advice.

I trust them with my most valuable assets -- my clients, and my reputation.

Thank you for helping my clients, and my business!

Sean Callahan - Broker/Owner Callahan Real Estate
Sean Callahan
Sean Callahan
1526074049
5 stars!! A family member of mine suggested that I call there insurance guy John at LoPriore Insurance to get a better quote on my current insurance. When I called John he was very easy to work with and extremely helpful. I couldn't be happier with how easy and fast it was to get a quote of my current policy which included a renters policy and it was all offered for $1200 less per year. After years of being insured by another insurance agency I always thought all prices were the same buying from insurance agencies.
To my surprise this wasn't the case and I can't be happier I was referred to the insurance guy!! I Also want to thank Maria at insurance office that made it simple to transfer and sign up with my new insurance. I literally did this all thru my iPhone and signed my paperwork via my phone which made the change so simple. I highly recommend you contacting them and seeing what they offer you!
Angela Bognanno
Angela Bognanno
1520269176
js_loader