Owning a condo in St. Louis offers the perfect mix of homeownership and low-maintenance living—but it also comes with unique insurance needs. Many condo owners assume their building’s master policy has them fully covered, only to find out too late that personal property and interior damage are not included.
If you’re unsure what your policy should cover, or you’re new to condo insurance Missouri requirements, this guide is for you. We’ll walk you through how to protect your investment with confidence.
What Does Condo Insurance Actually Cover?
Condo insurance—also known as an HO-6 policy—typically includes:
- Interior Structure Coverage: Protection for fixtures, flooring, and walls inside your unit not covered by the HOA master policy.
- Personal Property Coverage: Reimbursement for furniture, electronics, and valuables damaged by covered events like fire or theft.
- Liability Protection: Coverage if someone is injured in your condo or if you cause damage to another unit.
- Loss of Use: Pays for living expenses if your condo becomes uninhabitable due to a covered event.
But not all HOAs are the same. Some master policies cover more, some less—so understanding where your responsibility begins is critical.
Case Study #1: Gaps in Coverage Cost a Homeowner Thousands
James purchased a condo in downtown St. Louis and assumed the building’s master insurance policy covered everything inside. When a burst pipe ruined his kitchen flooring and cabinets, he was shocked to learn he was responsible for the repairs. After connecting with Mueller Insurance Services, James secured a comprehensive condo insurance policy that now protects his unit’s interior and personal belongings from future incidents.
How to Choose the Right Condo Insurance Policy
1. Review Your HOA Master Policy
This is the first step. Some policies cover only the building’s exterior, while others may include limited interior components. Understanding what’s excluded helps you customize your own coverage accordingly.
2. Inventory Your Belongings
Take note of valuables, electronics, and furniture. If a fire, theft, or water leak were to occur, would your current policy cover the full cost of replacement? Condo insurance should reflect the true value of what’s in your home.
3. Consider Additional Endorsements
Depending on your situation, you may want to add endorsements for high-value items, identity theft protection, or water backup coverage—especially in older buildings.
Case Study #2: Full Protection After an Unexpected Fire
Monica, a condo owner in West County, experienced an electrical fire that damaged part of her unit. While the HOA’s master policy covered the roof repairs, her personal insurance didn’t fully cover the cost of her kitchen renovation. Afterward, she worked with Mueller Insurance Services to increase her limits and add a few important riders. Six months later, when a neighbor’s leak damaged her walls, her updated policy covered every penny.
Why Condo Owners Trust Mueller Insurance Services
At Mueller Insurance Services, we help condo owners in St. Louis and across Missouri understand exactly what their insurance needs are—and we make sure their policies are tailored to fill any coverage gaps.
Explore Our Services, learn more About Us, or Contact Us today to schedule a free condo insurance review. Let’s make sure your investment is properly protected.