Your building’s policy (also referred to as your building’s master policy, building’s association insurance, or homeowner’s association insurance) will generally cover damage if something happens outside the walls of your condo—such as if a storm rips off the siding or a window is damaged. But if there’s damage to the inside of your home, you may be responsible for all or some of the damage. What your building’s policy will or will not cover can sometimes be subject to debate. With Chubb, you can expect seamless claims service.
Additionally, with a Masterpiece Condominium and Cooperative policy, your unit is covered from the “walls in,” even if the building claims responsibility for structural elements.