Protects against property damage, liability claims, and unexpected financial losses tied to rental units.
U.S. average is about $490/year; Texas investors often pay $790+ based on location and coverage.
Includes personal property, liability protection, loss of use, and loss assessment for shared condo areas.
Location risks, building value, deductible choices, claims history, and rental-specific coverage needs.
HOAs cover exteriors, but investors need HO-6 insurance for interiors and liability, starting at $100K.