Master Condo Association Policy In Boston Massachusetts: What Does It Cover?

If you own a condominium or serve as a trustee or board member, understanding your Master Condo Policy in Boston Massachusetts is essential. A Condo Association Master Policy protects the condominium building, common areas, and association against covered property losses and liability claims.

At Savin Jones Insurance Agency, we specialize in Condo Association Insurance in Massachusetts, from small condo trusts to larger condominium associations.

What Does a Master Condo Policy Cover?

A Massachusetts Master Condo Policy typically includes two main types of protection:

Property Coverage may cover:

• Building structure, roof, and exterior
• Common hallways, stairs, and entrances
• Shared plumbing and electrical systems
• Boilers, HVAC, and building equipment
• Association-owned property
• Certain interior building components, depending on the policy

General Liability Coverage helps protect the condo association against covered claims for bodily injury or property damage. For example, it may respond if a visitor falls in a common area and files a claim against the association.

Types of Master Condo Coverage

The association’s bylaws, master deed, and insurance policy determine what the association must insure.

Bare Walls / Studs-Out: Primarily covers the building structure and common property.

Single Entity: May include original fixtures and standard building components inside units but exclude owner upgrades.

All-In: Provides broader coverage for permanently installed interior building components, such as flooring, cabinets, and fixtures.

Additional Coverage for Massachusetts Condo Associations

Depending on the building, a condo association may also need:

• Ordinance or Law Coverage
• Equipment Breakdown
• Directors & Officers (D&O) Liability
• Crime and Fidelity Coverage
• Water Backup Coverage
• Umbrella Liability
• Flood Insurance

These coverages can be especially important for older Boston and Massachusetts condo buildings, including brownstones, triple-deckers, and converted multifamily properties.

Do Unit Owners Still Need HO-6 Insurance?

Yes. A Master Condo Policy does not replace HO-6 Condo Insurance.

Unit owners should maintain their own policy for personal property, personal liability, loss of use, improvements not insured by the master policy, and loss assessment coverage.

Get a Master Condo Insurance Quote in Boston Massachusetts

Savin Jones Insurance Agency specializes in Master Condo Insurance and Condo Association Insurance in Massachusetts.

We work with condo associations, condo trusts, trustees, and property managers throughout Boston, Cambridge, Somerville, Brookline, Jamaica Plain, Quincy, Greater Boston, and Massachusetts