An HO-6 policy, also known as a condo insurance policy, is designed for condominium owners. It provides coverage for personal property, liability, and the interior structure of the unit, such as walls and fixtures. This type of insurance is essential because the condo association's master policy typically covers only the building's exterior and common areas. In addition to protecting personal belongings, an HO-6 policy can cover additional living expenses if the unit becomes uninhabitable due to a covered loss. It is important for condo owners to understand their specific coverage needs and the limitations of the master policy provided by the condo association.