Palm Beach County Condo Insurance (HO-6 Coverage, Deductibles & Loss Assessment)


Palm Beach County has one of Florida’s highest concentrations of luxury and coastal condominium properties, from Boca Raton and Delray Beach to West Palm Beach and Palm Beach Island. With significant hurricane exposure and large association wind deductibles, properly structured HO-6 condo insurance is critical to protect your interior finishes, personal property, and your potential responsibility for special assessments. 

​Many Palm Beach County condo owners assume the association’s master policy fully insures their unit. In reality, major gaps exist—especially after wind and water losses—leaving unit owners responsible for interior damage and deductible pass-throughs. 
 
What Palm Beach County Condo Associations Typically Insure 
Under Florida Statute 718.111(11)(f), most Palm Beach County condominium associations insure the building to an “original specifications” or “walls-out” standard. This generally includes: 
  • Structural components 
  • Roof, exterior walls, and concrete framing 
  • Drywall (finished wall surface) 
  • Common-area plumbing, electrical, and mechanical systems 

The association policy typically does not cover: 
  • Paint, wallpaper, and wall coverings 
  • Flooring, baseboards, and trim 
  • Cabinets, countertops, and built-ins 
  • Interior fixtures and appliances 
  • Personal property 
  • Unit upgrades and renovations 
  • Loss assessment charges 

Although the drywall itself is insured by the association, the finish surfaces applied to that drywall are the unit owner’s responsibility and must be insured under an HO-6 policy. 
 
What a Palm Beach County HO-6 Policy Should Cover 
Because the master policy stops at unfinished drywall, a properly designed Palm Beach County condo insurance policy should include: 

Interior Finish Coverage (Coverage A) 
  • Paint and wallpaper 
  • Flooring and millwork 
  • Cabinets and countertops 
  • Interior electrical and plumbing fixtures 
  • Renovations and upgrades 

Personal Property 
  • Furniture, electronics, clothing, and contents 

Loss Assessment Coverage (Current Market Reality) 
  • Most Florida carriers currently limit loss assessment coverage to approximately $2,000 
  • This applies to: 
  • Hurricane and wind deductibles 
  • Uninsured common-area damage 
  • Master policy shortfalls 

These limits are often far below actual deductible exposure following a major coastal storm. 
 
Palm Beach County Wind & Hurricane Deductibles – Real Exposure Example 
Many Palm Beach County condominium associations carry wind deductibles equal to 5%–10% of the building’s insured value. 

Example: 
  • Building insured for: $60,000,000 
  • 5% wind deductible: $3,000,000 
  • If allocated across 240 units: $12,500 per unit 

With typical HO-6 loss assessment limits of only $2,000, a Palm Beach County condo owner could face $10,000+ in out-of-pocket exposure after a hurricane loss. 
 
Common Condo Claims in Palm Beach County 
Palm Beach County HO-6 claims most often result from: 
  • Wind-driven rain intrusion 
  • Hurricane roof and facade failures 
  • Plumbing stack and HVAC line leaks 
  • Water backup in high-rise buildings 
  • Post-storm special assessments 
  • Window, balcony, and sliding-door leakage 

These losses frequently involve both interior repairs and association deductible pass-throughs. 
 
Why Palm Beach County Condo Owners Choose Universal Condo 
  • 15+ years specializing exclusively in Florida condominiums 
  • Multiple A-rated HO-6 carriers 
  • Expertise in hurricane deductibles and master policy gaps 
  • Clear guidance on statutory coverage responsibilities 
  • Claims support when assessments and deductibles arise 
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We structure true Florida-compliant HO-6 coverage for coastal and high-rise risk throughout Palm Beach County. 
 
Get your Palm Beach condo insurance quote today: 
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