[onetwo_threefour]

Originally Posted by photon

So does Condo insurance have flood coverage usually? I expected not like residential but it could be different. My unit has no damage but just wondering if I should expect a huge special assessment.

Most condo policies are effectively commercial which is the only kind where you can get flood coverage. Insurance broker friend of mine says that most condos will have it, but it will have very high deductible (think 25k-100k) depending on risk and some locations may be excluded from coverage altogether. The way to check is to look at the insurance certificate you should have received when you bought it and see if flood is listed as one of the insured perils, or call your condo mgmt co. and ask.