For condo owners and investors living in Tomball, TX, obtaining adequate condo insurance is essential to prevent the loss of your investments and assets. Condo insurance in Texas is often referred to as the H0-6 policy. If you’re currently located in Tomball and need condo insurance, Hastings Insurance Agency LLC can help you find the coverage you need to feel confident and secure all year round.

Core Condo Insurance Protection in Texas

For condo owners living in Texas, an H0-6 policy protects:

• Building dwelling: Interior walls, floor coverings, countertops, and built-ins. Typically, limits range between $ 25k and $ 100k, depending on your policy.
• Personal property: Property such as furniture, decor, electronics, and clothing not attached to walls is covered. Limits can range from $40k to $100k and beyond.
• Loss of use: Additional living expenses, including meals and hotels, may be covered.
• Personal liability/medical payments: Depending on your policy, medical bills and/or lawsuits may be covered between $100k and $500k.
• Loss assessment: Your share of an HOA special assessment may be covered after filing a significant claim. In most cases, the coverage is approximately $10k.

What a Standard H0-6 Does Not Cover

Even if you have a standard H0-6 policy for your condo, it’s important to understand what’s not potentially covered, such as:

• Intentional acts, along with any business inventory stored or used in your condo
• Insects, vermin, and pests
• Wear-and-tear claims
• Natural earth movement incidents, such as sinkholes and/or earthquakes
• Surface and flood water, which require separate policies for complete protection

Understanding what condo insurance (H0-6 policies) covers in Tomball, TX, is key to adequately obtaining the right policy for your needs. If you’re located in Tomball and searching for a new condo insurance policy, we can help. For more information, contact Hastings Insurance Agency LLC today.