How DC Metro condo coverage guidance Protects BuyersDC Metro condo coverage guidance helps buyers separate the condominium association’s master insurance from the individual policy needed for their residence. This distinction affects mortgage approval, interior finishes, personal belongings, liability protection, temporary housing, deductible exposure, and potential assessments after a loss.From a local real estate perspective, insurance should be reviewed before a buyer treats the monthly condominium fee as a complete ownership-cost estimate. Two units with similar prices and dues can carry different insurance requirements because their buildings, master policies, deductibles, flood exposure, and governing documents are not identical.Master Policies Versus Individual Unit InsuranceA co...
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