Olive Cover
About
🍑 Georgia
Free Coverage Review

CONDO INSURANCE · GEORGIA

Georgia condo insurance that matches your HOA master policy.

A condo owner has two layers of coverage: the HOA master policy on the building and an HO-6 policy on everything inside the unit. The master policy determines where the HO-6 has to start. Most condo owners we review have never read their master policy and are either overpaying or under-scoped.

Free Coverage Review

WHAT'S COVERED

What a Georgia HO-6 policy covers

Dwelling (Coverage A)

Covers the interior of your unit: fixtures, flooring, cabinets, and improvements. Limit depends on the master policy type.

Personal Property (C)

Covers belongings inside and outside the unit. Usually 50 to 70 percent of dwelling. Jewelry and electronics have sub-limits.

Personal Liability (E)

Pays if someone is hurt in your unit or you cause damage. Default is $100k. Most clients raise this to $300k or $500k.

Loss Assessment

Pays your share of an HOA special assessment after a covered loss. Default is $1k. Raise to $25k or $50k for most condos.

Dwelling (Coverage A)

Covers the interior of your unit: fixtures, flooring, cabinets, and improvements. Limit depends on the master policy type.

Personal Property (C)

Covers belongings inside and outside the unit. Usually 50 to 70 percent of dwelling. Jewelry and electronics have sub-limits.

Personal Liability (E)

Pays if someone is hurt in your unit or you cause damage. Default is $100k. Most clients raise this to $300k or $500k.

Loss Assessment

Pays your share of an HOA special assessment after a covered loss. Default is $1k. Raise to $25k or $50k for most condos.

IMPORTANT LIMITATIONS

What a Georgia HO-6 policy does not cover

The building structure

The building envelope is the HOA's responsibility through the master policy. If the master is underinsured or the HOA is underfunded, the loss assessment coverage on your HO-6 is what protects you, up to its limit.

Flood

Excluded. Ground-floor and riverside condos in Georgia often sit in flood zones. Private flood or NFIP is a separate policy. Condo flood is often cheaper than single-family flood because the dwelling exposure is lower.

Earth movement

Earthquake, sinkhole, and landslide are excluded. Endorsement is available and inexpensive. North Atlanta condos built on clay or fill benefit meaningfully from this.

What the master policy covers

If the master is 'all-in,' your HO-6 dwelling limit should be small. If it is 'bare walls,' your HO-6 needs to cover drywall, flooring, cabinets, and more. Overlap and gap between master and HO-6 is the single most common problem we find.

IMPORTANT LIMITATIONS

What a Georgia HO-6 policy does not cover

The building structure

The building envelope is the HOA's responsibility through the master policy. If the master is underinsured or the HOA is underfunded, the loss assessment coverage on your HO-6 is what protects you, up to its limit.

Flood

Excluded. Ground-floor and riverside condos in Georgia often sit in flood zones. Private flood or NFIP is a separate policy. Condo flood is often cheaper than single-family flood because the dwelling exposure is lower.

Earth movement

Earthquake, sinkhole, and landslide are excluded. Endorsement is available and inexpensive. North Atlanta condos built on clay or fill benefit meaningfully from this.

What the master policy covers

If the master is 'all-in,' your HO-6 dwelling limit should be small. If it is 'bare walls,' your HO-6 needs to cover drywall, flooring, cabinets, and more. Overlap and gap between master and HO-6 is the single most common problem we find.

OUR CARRIER PANEL

Carriers We Use for This Coverage

All carriers are A-rated by AM Best and appointed in the state. We compare them and recommend the right fit.

Common questions

What does a free coverage review actually involve?

You share your current policy or tell us what you have. We review it and tell you what you are covered for, what you are missing, and what it would cost to fix any gaps.

Read full answer →

Is Olive Cover going to try to sell me something?

We are going to tell you what we find. If your current coverage is right we will tell you that. You decide.

Read full answer →

My renewal went up. Should I shop around?

Usually yes, especially if it went up more than 15 percent. We can run quotes across our carrier network within a business day.

Read full answer →

What is the difference between my insurance carrier and my insurance agent?

Your carrier is the company that actually pays your claim. Your agent is who you buy from.

Read full answer →

GET STARTED

Send your HOA master policy and your current HO-6. We will find the gap.

The two documents have to be read together. Send both. We will tell you whether your HO-6 dwelling limit is under, over, or correctly matched to the master, and where loss assessment is leaving you exposed.

Roughly $300 to $700 per year for most Georgia condos

Free Coverage Review