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Sometimes, homeowners associations pay for dwelling insurance as part of your association dues. You’ll still need to purchase personal property and liability coverage, but you won’t have to worry about structural damage.

However, you definitely shouldn’t assume that your homeowners association will cover everything. Always ask what they cover and what you’re responsible for yourself, preferably before you even make an offer on the condo.

Most of the time, condo owners will bear 100% of the responsibility for insuring their unit. Help from your homeowners association is the exception, not the rule.