- Individuals & Families
- Businesses
- Agents & Brokers
- Embedded Insurance
Because pets are family, Chubb now offers pet insurance with top-rated coverage from Healthy Paws.
Chubb offers the insurance protection you need for travel’s many “what ifs”.
Chubb protects small businesses at every stage – from newly formed start-ups to long-time anchors of the community.
Stay ahead of cyber threats with our free Cyber Claims Landscape Report.
Learn more about our dedicated learning paths, Online Learning Center, and more.
Many digital-savvy consumers look for it as a core or add-on option.
Many digital-savvy consumers look for it as a core or add-on option.
Many digital-savvy consumers look for it as a core or add-on option.
Chubb’s in-house technology makes it easy to integrate what we do into your customer experience.
Condo (HO-6) & Co-Op Insurance
Condo & co-op insurance coverage highlights
If you've upgraded the details of your home, like custom cabinets and appliances in your kitchen, or a state-of-the-art entertainment center in your family room, we'll replace them for their full value up to your policy limit. In certain states, you can opt in for Extended Replacement Cost coverage, which goes beyond your policy limit to rebuild or restore your home.
If something happens to common area property such as the pool, clubhouse or lobby, even if it's covered by your association insurance, you may still need to kick in for the policy deductible, which could be huge. We include generous coverage up to $50,000 for your share of a loss assessment; and higher amounts may be purchased in certain states. Ordinary condo insurance is limited.
We'll take the time to understand what makes your home unique by noting the special details - like high-end appliances, or unique moldings. We'll make sure you have the right replacement cost should the unexpected happen.
Because you're our client, we look for ways to pay your claim. That's why our adjusters are trained to respond to you within 24 hours, and if approved, to pay your claims within 48. And if you need temporary housing while your condo undergoes repairs, we'll put you up at a premium hotel or help you find a rental in your neighborhood.
What does condo/co-op (HO-6) insurance cover?
- In-Home Assessment — at no additional cost — A Chubb Risk Consultant reviews your unit to ensure your coverage accurately reflects what it would cost to rebuild, setting the foundation for a faster, smoother claims experience.
- Contents Protection — We protect the possessions you'd take with you if you moved, including valuables, furniture, personal belongings, and household goods.
- Additions & Alterations — We cover home improvements you've invested in, such as updated countertops, cabinets, flooring, and bathroom upgrades.
- Extended Replacement Cost — Available in select states, if rebuilding or restoring your unit costs more than your policy limits, our extended replacement cost feature covers the difference.
- Personal Liability — The coverage helps protect you if you, a household member, or a pet causes bodily injury or property damage.
- Additional Living Expenses — If a covered loss makes your unit temporarily uninhabitable, we'll help ensure you're comfortable in a similar home while repairs are underway. We also cover:
- Fair rental value – If the condo/co-op you own is offered as a rental, we cover the fair rental value for the period of time it is usually rented to others until the unit can be restored to a habitable condition.
- Forced evacuation – If you must evacuate your unit because of reasonable threat of a covered loss or if a civil authority orders your evacuation, we cover your additional living expenses up to 30 days.
- Coverage for Condo/Co-op Assessments —If you are assessed for covered physical damage to common elements of the building, we automatically include $50,000 to cover your share — and higher limits can be purchased. We also include $5,000 to cover your share of a loss assessment resulting from your building’s insurance deductible, with higher amounts available.
Why is condo/co-op (HO-6) insurance important?
Your building association's policy covers the exterior and common areas — but not what's inside your unit. Also known as HO-6 insurance, condo insurance bridges that gap, protecting your belongings, interior finishes, and personal assets from unexpected events like fire, theft, or liability from a guest injured on your premises.
With Chubb, you get comprehensive coverage that goes further — including automatic protection for shared property losses and an in-home assessment at no additional cost to ensure your coverage accurately reflects the true cost to rebuild your unit.
Frequently asked questions about condo and co-op insurance
The cost of condo insurance is influenced by factors like your unit's location, deductible, and the coverages you select — but the good news is it's typically less expensive than homeowners insurance, since you're covering only the interior of your unit rather than an entire structure.
The right amount of condo insurance depends on factors like your unit's location, age, construction, and unique finishes — and should be enough to repair or replace your home at today's prices with the same level of detail and quality. At Chubb, an in-home assessment by a Risk Consultant helps ensure your coverage accurately reflects your unit's true replacement cost.
Yes — condo insurance covers most sudden and accidental water damage, such as a burst pipe or leaking water heater, though it generally does not cover external flooding. Should the unexpected happen, Chubb clients benefit from a premium level of claims service, with claims specialists who work on your behalf to ensure your home is restored quickly and to its original quality. In addition, in the event of a covered water damage loss, we will reimburse clients up to $5,000 to install a water leak detection system to help prevent future similar water losses from reoccurring.
Yes — condo insurance typically covers fire and smoke damage to your unit's interior finishes, like flooring, drywall, and cabinets, as well as your personal belongings, filling the gap left by your building's master policy, which typically only covers the exterior and common areas. With Chubb, if your unit becomes uninhabitable, we'll also cover additional living expenses so you can live comfortably in a similar home while repairs are underway.
“If you care about your home and the wonderful things in it, Chubb is the only partner you want protecting it.”
Richard L. | Brooklyn, NY
Coverage related to condo insurance
Insights and Expertise
This information is descriptive only. All products may not be available in all jurisdictions. Coverage is subject to the language of the policies as issued.