Written by: Craig Barbee, CEO of Barbee Jackson Insurance. Craig and his team have been insuring condos since 2009. They can verify that you are getting the right coverage at the best price.

You got your dream home overlooking the beautiful emerald shores of Destin Florida. Now you have to protect it from loss with Condo Insurance. Barbee Jackson Insurance is a leading writer of Condo Insurance and our agents work with the best insurance carriers to get you the right coverage at the best price. Call today to get started (850) 389-2001

Types of Condos we Insure

• Primary Use
  
• Secondary/seasonal home
  
• Short-Term Rentals
  
• Long-Term Rentals

Understanding Condo Insurance

Standard home insurance provides coverage for the building both inside and outside, along with personal property. Condo Insurance is very different because of a master policy referred to as a HOA Insurance. The HOA Insurance policy covers the building common areas and exterior structure. This the condo owner only needs to insure from studs-in…thing like carpet, tile, drywall and other interior features.

💡Craig's Pro Tip - We are seeing an alarming amount of HOA boards choosing to exclude wind coverage due to high insurance premiums. It is your right to view and verify the master condo policy to verify coverage and to make sure it includes wind.

Your condo association will purchase one of two types of HOA Insurance.

Bare Walls-In

Bare Walls-in policy covers the structure, the interior walls, framing, insulation and wiring. This doesn’t include unit owners’ interior features like countertops, flooring and built-in appliances. Bare Walls-In policy type is the most common coverage type in Florida.

All-in

All-in covers everything from the structure, like Bare Walls-in policy, and includes your countertops, flooring and built-in appliances.

Condo Insurance Standard Coverage

Living in Florida we have a high chance of loss by a weather-related events, like hurricanes or tropical storms. If your Condo Association has Bare Walls-In policy that means you need to cover everything from you studs-in, which means countertops, flooring and built-in appliances as well as your personal property.

Personal Property

The core coverage in Condo Insurance is your personal property. Items like furniture, appliances, clothing, electronics can be covered at replacement cost (meaning no depreciation) minus the deductible. Certain types of property, like jewelry and other high-valued items have limited coverage amounts, so if you have expensive items it’s best to insure them on an Inland Marine policy.

Personal Liability

Liability coverage protects you in the event that someone is injured in your condo and seeks legal action against you. The standard policy comes with $300,000 in liability, but some insurance carriers will offer higher limits.

Medical Payments

With coverage options ranging from $1,000 to $5,000, medical payments coverage reimburses your guests medical expenses if they are injured in your condo, regardless if you are legally at-fault.

Additional Living Expenses

Living in Florida gives condo owners a higher chance that their condo will be uninhabitable due to claim such as a hurricane. If the condo becomes unlivable due to a covered loss, the insurance company will pay for temporary living expenses.

Additional Coverage Option

Loss Assessment

One of the most overlooked coverage options is Loss Assessment. As a unit owner you may be assessed by the condo association for damage to a shared area, such as the pool, lobby or a deductible. Why is this coverage so important? Let’s say a hurricane causes damage to major parts of the condominium structure and the master policy has a hurricane deductible of 5% of the insured value of the building. The association may assess the unit owners to recover the deductible. This may force the unit owner to come out-of-pocket several thousands of dollars. If you have Loss Assessment, then the insurance company would pay the assessment instead of you.

💡Craig's Pro Tip - As of 2026, if you are financing the purchase with Fannie Mae or Freddie Mac they will cap the maximum deductible that you can purchase from the insurance company at $50,000. This will leave a coverage gap and you will need to adjust your loss assessment to fill the gap.

Water Backup

Insurance against water damage from sewer or drain backup. This is typically not covered by the association master policy.

Wind-driven Rain

Wind-driven Rain is a term that very few people have heard about until they try to claim it on their insurance. It refers to rain that is driven into the unit by wind. The water can cause extensive damage to the flooring and drywall and must be endorsed on the policy in order to have coverage.

Ready to get Started? Call (850) 389-2001 to speak to an agent today.

Coverage Available in Destin, Fl, Santa Rosa Beach, Panama City, Navarre Beach, Walton Beach and Pensacola Beach.