California HO6 policy is designed for condo owners in the state of California.
The California HO6 condominium insurance that standard insurance companies such as Safeco, Farmers and Nationwide in cities such as Sacramento, Los Angeles, Long Beach or Fresno, will cover losses to any of your personal items and any structure you own. This policy also covers damages to any fixtures that have been upgraded since the home was purchased. Due to the recent housing crisis, many lenders and mortgage companies in the Los Angeles and San Francisco regions are requiring proof of insurance for condos.
What Does HO6 Insurance Cover in California?
A standard condominium insurance policy in California whether you live in Sacramento, Los Angeles or San Diego will cover most damages to your CA condo and your personal belongings from perils such as fire, vandalism damage from falling objects, trucks or vehicles.
What is One Benefit of Having California Condo Insurance?
Items not covered by the association master policy that may be your insurance responsibility.
Buying California Condo Insurance
Master Policy - Living in California as part of an association, the association should have a master insurance policy to see what they cover so that you don't pay for coverage that is already covered.
Deductibles - This is the out of pocket amount that you will need to pay for each claim before the insurance policy kicks in. Additionally, there will be a deductible in the master policy in the event that there is an insurance claim under the master policy. Each member of the condo association will need to contribute their portion if there is some sort of disaster.
HO6 Condo Insurance Required in Most Areas Throughout California
Due to the housing crisis, mortgage companies are requiring HO6 insurance policies for any new condo purchases in the state of California.
Where is HO6 Condo Insurance in California?
The state of California now requires condo insurance everywhere you live:
- Sacramento, CA
- Los Angeles, CA
- San Diego, CA
- San Francisco, CA
- San Jose, CA
- Fresno, CA
- Long Beach, CA
- Oakland, CA
- Pasadena, CA
- Van Nuys, CA
- Bakersfield, CA
- Santa Barbara, CA
- Stockton, CA
- San Bernardino, CA
- Riverside, CA
- Anaheim, CA
- North Hollywood, CA
- Glendale, CA
- Santa Clarita, CA
- Inglewood, CA
- Irvine, CA
- Santa Ana, CA
- Burbank, CA
- Berkeley, CA
- Orange, CA