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The Association presently maintains a policy or policies of insurance covering the Units (not including the contents, decorating, alterations and additions to the Unit and personal property stored elsewhere on the Property or in the Unit), subject to casualty contained in an "all risk" form insurance policy in an amount equal to 100% of the insurable replacement cost thereof, without depreciation. Owners are responsible for deductibles and any flood insurance as may be required by mortgagees. Each owner shall maintain at his own expense such insurance coverage as he/she may desire. Contact your own insurance agent or broker. The type of insurance policy that seems to fit best is called an H.O.6 type policy. This type of policy generally provides property insurance for your contents, and liablity insurance for your negligent acts. Be sure to request and endorsement for additions and betterments to your Unit or Limited Common Areas. Further, Owners should include some structural coverage, since the Association does not pay the deductible on losses. Common Areas: The Association provides insurance on the Common Areas
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