noun
HO-6
In plain English
A condo owners policy — covers your unit's interior, your belongings, and your personal liability.
The HOA's master policy covers the building shell and common areas. HO-6 fills in everything inside your unit's walls — flooring, fixtures, cabinets, your stuff, and the gap between your master policy's deductible and what comes out of your wallet.
What it covers
Coverage A (interior building items, walls in, fixtures), C (personal property), D (loss of use), E (liability), F (medical payments). May include 'loss assessment' coverage for HOA-charged assessments.
What it does not cover
It does NOT cover damage to common areas — those are the HOA's. It also doesn't cover the building shell unless your master is a 'bare walls' form rather than 'all-in.'
Where it trips people up
The Coverage A limit is often defaulted way too low. Check what 'walls in' really includes at your association — high-end finishes can require $50K-$150K of Coverage A.
The technical version
An ISO homeowners form (HO 00 06) for condominium and cooperative unit owners, covering interior building items, personal property, and personal liability.