Is Condo Insurance Cheaper Than Home Insurance? 
Generally speaking it is , yes . With a Homeowners ' policy , coverage is provided for three prim , ary elements . First , the dwelling itself is covered . Second , your personal property has protection and third , liability coverage is provided for situations where you are legally liable for injury to another person or damage to their property . A Condo Unit Owners ' policy is similar , but it does not provide primary coverage for the actual dwelling -LRB- building -RRB- . 