Condominium Insurance
Storm after storm, year after year®, we are here for you. We have options for every homeowner.
Kick up your feet, you’re covered
Living in a condominium can feel like an endless vacation. There’s less maintenance (no lawn!), easy access to amenities, and fun social events. While you are kicking back, remember: an individual condo insurance policy is required to protect your things.
Your condo association usually has insurance coverage for the building’s exterior but not for your contents inside. Our Condo Insurance policy, also known as an HO6 policy, is here to protect your personal property.
Florida Condo Insurance Coverage Includes
Our Florida condo unit owner’s policy has several coverage options. These coverage options allow you to customize your policy to best suit your insurance needs.
Your condo association’s insurance does not provide coverage for the interior features of your condo (e.g., flooring cabinetry, etc.) or your personal property (e.g., furniture, clothing, electronics, etc.).
HO6 Coverage for the
Structure of Your Home
Coverage A provides coverage for the interior features of your home, such as flooring, cabinetry, fixtures, and any other permanently affixed additions or alterations when a loss is caused by a covered peril named in the policy (e.g., fire, lightning, or theft).
Dwelling (Coverage A) Limits: minimum of $30,000 up to a maximum of $500,000
Optional Special Coverage A (Open Perils)
For an additional cost, Special Coverage A can be added to the policy. This coverage changes the terms of your policy from Named Peril to Open Peril, which means losses caused by any peril that is not specifically excluded in the policy are covered.
HO6 Coverage for
Your Contents
Coverage C covers your personal property, such as free-standing appliances, clothing, and furniture. Personal Property is covered at replacement cost, which means there is no deduction for depreciation.
Personal Property (Coverage C) Limits: minimum $20,000 up to a maximum of $200,000 *Replacement cost on contents is included in a Security First Insurance policy.
Replacement cost coverage for your personal property allows you to replace or repair items that were damaged or destroyed based on current market prices. Without this coverage, your items will be valued at actual cash value (ACV), which is generally less than the cost of a brand-new item. ACV is more like the price you would see at a garage sale.
Optional Special Coverage C (Open Perils)
For an additional cost, Special Coverage C can be added to the policy. This coverage changes the terms of your policy from Named Peril to Open Peril, which means losses caused by any peril that is not specifically excluded in the policy are covered.
HO6 Coverage if
Your Condominium Unit Becomes Uninhabitable
Coverage D (Loss of Use) provides coverage for the additional costs you or your family incur when your condo becomes uninhabitable due to loss caused by a covered peril.
Coverage D (Loss of Use) Limits: 40% of Coverage C
Tip: Make sure you keep all your receipts so that you can be sure to receive the correct reimbursement.
We understand the importance of having immediate access to the funds you need for your additional living expenses, which is why we provide our customers with a pre-paid debit card that they can begin using right away once activated. This eliminates the hassle of depositing a check and allows our customers to withdraw cash immediately. This is one of the many solutions we’ve put in place to improve the customer experience with Security First Insurance.
HO6 Coverage for
Personal Liability on Your Property
Coverage E (Liability Coverage) provides coverage that can protect you in situations that may be unforeseen, such as a friend twisting their ankle on a loose step. Liability coverage also covers certain defense costs – even if the lawsuit filed against you is false, groundless, or fraudulent. However, it does not cover liability losses caused by any animals you own or keep.
An optional Dog Liability Coverage endorsement may be available to cover bodily injury and property damage caused by dogs you own or keep (certain restrictions apply).
Coverage E Limits: $100,000, $200,000, $300,000, or $500,000
Note: There are two different types of Liability Insurance – Personal and Premises. Premises Liability restricts the Liability to incidents that occur at the insured location. Personal Liability will be restricted to incidents that occur on the property’s premises under certain policy conditions.
HO6 Coverage for
Medical Payments
Coverage F provides for the necessary medical expenses that are incurred by others (not living at your residence) if they are injured on or by your property, by an animal you own or keep, or as a result of you or a family member residing with you.
Coverage F Limits: $1,000, $2,500, or $5,000
HO6 Coverage for
Loss Assessment
Loss Assessment Coverage provides coverage for your share of a loss assessment charged by a corporation or association of property owners up to the policy’s limit of $2,000.
HO6 Coverage for
Water Backup & Sump Overflow Coverage
For policies with Standard or Limited Water Damage Coverage, a $5,000 limit is automatically included for Water Backup and Sump Overflow damage. This endorsement provides coverage for damage resulting from water that backed up through a sewer or drain, or which overflowed from a sump.
Optional Add-Ons
- Equipment Breakdown
- Identity Theft Protection
- Dog Liability
- Personal Injury
- Scheduled Personal Property
- Golf Cart Physical Damage and Liability
- Screened Enclosure/Carport Coverage
- Increased Special Limits Coverage
- Unit Owners Special Coverage A & C
Compare Our Plans
Choosing the right coverage can be overwhelming with so many options available. Use the chart below to compare our most popular policies and find the one that fits your needs.
- Condo (HO6)
- Dwelling Basic (DF1)
- Landlord Flex (DF3-DL)
- Dwelling Flex (DF3-DO)
- Signature (HO3)
- Premier (HO5)
† Two-night minimum required (HO6, DF1)
† Two-night minimum required (HO6, DF1)
‡ Four-night minimum required (DF3-DL)
‡ Four-night minimum required (DF3-DL)
- Condo (HO6)
- Dwelling Basic (DF1)
- Landlord Flex (DF3-DL)
- Dwelling Flex (DF3-DO)
- Signature (HO3)
- Premier (HO5)
† Two-night minimum required (HO6, DF1)
† Two-night minimum required (HO6, DF1)
‡ Four-night minimum required (DF3-DL)
‡ Four-night minimum required (DF3-DL)
Additional Coverage Options
Our flexible coverage options, knowledgeable agents, and exceptional customer service ensure that you have the right coverage for your specific needs.
Premier Homeowners Insurance
Signature Homeowners Insurance
Dwelling Basic
Dwelling Flex
Landlord Flex
Renters Insurance
Kudos From Our Customers
“An insurance company that actually cares about its customers. A true unicorn in the insurance industry. After hurricane Matthew, while other insurance companies were praying their phone’s didn’t ring, Security First was calling every single customer in the affected area and asking if they can help. True compassion.”
– Kenneth from Port Orange Florida
It’s so encouraging to see those that care about their customers and their clients here, trying to help them get a claim started and get their lives back in order.
I’ve been with Security First for about 10 years. I’m very happy with how the process is moving forward.
By that morning, I already had my claims number, they were already working on people to send out to take care of the tree, tarping the house, and getting an inspector … It’s been a real dream to work with them.
I wouldn’t use anyone else, honestly. It’s been a life-changing experience in terms of insurance.
They contacted us before the storm and after the storm to make sure that we were ok and had a place to go. We’ve recommended them to other people.
I can’t say enough about Security First Insurance. We have friends and family with other companies, and I don’t think they’ve had what we’ve had through every storm, and that means the world.
This is our third hurricane in 13 months, and Security First Insurance has been our homeowner’s insurance through all of them. I’ve had a really good experience.
I have the best insurance company in the state. I know I do. Security First has been a delight to work with. They’re simply the best.
I barely even have time to think about it, and I’m getting another contact from Security First about the next step in the process.
Security First has always come through. There’s security in Security First.
You hear a lot of nightmares with insurance companies, but this was not one of them. Thank you Security First.
I was shocked how quickly Security First reached out. So very happy we picked Security First for our home insurance.
Protect Your Home Today
We stand behind every policy we write, storm after storm, year after year®.
Our simple and convenient quote process makes it easy for you to get started. Take the first step towards protecting your most valuable asset by requesting a quote today.