Difference Between Condo Insurance And Homeowner’s Insurance In Huntington Beach, CA

If ever decided to get an insurance cover, then you’ve most likely heard terms like condo insurance and homeowner insurance. If you’re like most people out there, you may not know the difference between the two; you just want to protect your home. For residents in Huntington Beach, CA, this is what you need to know about the two insurance types.

At Western Republic Insurance Services, our job doesn’t stop at selling you insurance cover, but in keeping you informed as well.

The difference between the two insurance types is minor. They differ mainly in sections like dwelling coverage (how large a space they cover), additional structures, and loss assessment.

Dwelling Coverage

When you purchase a home, you’re getting both the interior and the surrounding exterior. Whereas with a condo, all that’s yours is what is inside the condo. The homeowners’ insurance policy covers to both the interior of the house and the exterior. While condo insurance only covers what is inside the, including the floor, ceilings, and walls.

Other Structures

Another difference between these two insurance plans is the structures they cover. Homeowners’ insurance policy covers structures like mailboxes, detached garages, lawn ornaments, and fences and so on. Condo insurance, on the other hand, doesn’t cover any structure.

Loss Assessment

With a condo insurance policy, you also get loss assessment coverage. This coverage protects you if the homeowner’s association decides to assess all units for uncovered cost because of cover claims. This is however absent in a homeowner insurance policy


If we’re talking about these two insurance policies, it’ll be incomplete if we don’t talk about the cost. Condo policies can go for as low as a third of the premium cost of a homeowner policy. The premium can, however, vary, depending on the size and the value of your property.

Do you reside in Huntington Beach, CA? Would you like some additional information on what you’ve learned so far? Then why not meet up with the helpful agents at Western Republic Insurance Services.