Do I Need Homeowners Insurance In A Condo? 
Your HOA policy will only cover a portion of your actual risk . HOA 's may cover walls out and sometimes the entire until but what HOA 's do not cover is your personal property , potential loss assessments and your own personal liability which is the biggie . Condo polices are very inexpensive and offer a whole lot of protection . Plus if you obtain your policy from your auto carrier you may receive additional discounts on your auto policy . 