An HO-6 condo insurance calculator that starts with the master policy

It decides what Coverage A must pay for. Under bare walls, the owner insures everything from the drywall in. Under single entity, the association covers original fixtures and the owner insures improvements. Under all-in, the association also covers improvements. The calculator counts finishes and upgrades only where the selected policy type leaves them to the owner.

The calculator explains each type on screen and tells owners to check the association's insurance certificate or bylaws. Its disclaimer is clear that the three types are simplified; actual master policy and bylaw wording can differ.

This is the single most valuable conversation a producer can have with a condo owner. An owner who assumed all-in coverage under a bare walls association can be badly underinsured inside their own unit.

• Bare walls: interior finishes and upgrades counted in Coverage A
• Single entity: upgrades counted, original finishes left to the master policy
• All-in: neither counted; Coverage A covers little beyond what the owner adds

Because when the association suffers a covered loss to common property, it can charge owners for their share of the master policy deductible or a special assessment. Master deductibles can be large, especially percentage wind or hurricane deductibles. Loss assessment coverage pays the owner's share, though some policies limit what it pays toward a deductible.

The calculator asks the owner for a possible assessment figure and suggests asking the association what the master deductible is and how it is shared. A lead that arrives with a large figure is an owner who has already started that conversation.

Check the policy wording on loss assessment carefully. Limits on deductible-related assessments vary by insurer and state.

Personal lines agencies in markets with many condominiums, and agencies that write condominium association policies and want to serve unit owners as well. An agency that knows a building's master policy is well placed to help its owners, and the calculator gives those owners a structured way to start.

Agencies insuring associations can create a building-specific landing page with the calculator and share a tagged link through the association, with the board's agreement. Each owner's lead shows which building and campaign it came from.

Owners who rent out their units also use the calculator. Their figures often differ, with lower belongings and different liability needs, so ask how the unit is used before recommending coverage.