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Why HO-6 Insurance is Essential
Having an HO-6 policy ensures that you are protected against unforeseen events such as theft, fire, and water damage, which can have significant financial implications. Moreover, it offers liability coverage if someone is injured within your unit, safeguarding your assets from potential lawsuits. With the right policy, you can also receive loss assessment coverage, which helps cover your share of costs if the condo association levies a charge for damages to common areas1.