MAXIMUM
Contact Us
contact_phone Click to call
MAXIMUM
Contact Us
contact_phone Click to call

Condominium Unit Owners Liability (H06)

Expertise. Solution. Service.

MAXIMUM offers a specialized Condominium Unit Owners Liability (H06) program that helps independent agents and brokers place liability and limited dwelling exposures for clients who own or rent condominium or cooperative units. The program supports owner-occupied, seasonal and short-term rental uses with flexible underwriting and broad options designed for condo living.

Ideal Accounts and Appetite

This program is focused on individual unit owners and similar named insureds. Acceptable risks include:

• Individual owners of condominium or cooperative units
• Units titled to a trust, estate, LLC, family partnership or limited partnership
• Coastal properties (wind/hail excluded)
• Units used as short-term rentals (Airbnb, VRBO) subject to underwriting
• Applicants with one prior loss in the past three years
• Protection classes 1–9

Example accounts: a retiree who rents a beach condo part-time and needs liability and loss assessment protection; or a couple who own an urban high-rise co-op seeking personal liability, personal property and loss-of-use coverage.

Coverage Highlights and Advantages

MAXIMUM's H06 solution provides competitive limits and built-in features to address typical condo exposures:

Coverage A (Dwelling) up to $500,000
Coverage C (Personal Property) up to $200,000
Coverage D (Loss of Use) up to $50,000
Loss Assessment coverage up to $50,000
Personal Liability limits up to $1 million
Medical Payments included at $5,000
Personal Injury included automatically

Additional benefits include the option to add the condo association as an additional insured and access to vendor services such as identity theft protection, tenant screening and HR tools to enhance the client offering.

Underwriting Notes

The program is underwritten with flexibility to accommodate a range of condo risks. Deductible options include:

• $500 base deductible for non-coastal units occupied annually (owner or renter)
• $1,000 base deductible for seasonally occupied units

Common ineligible risks:

• Units purchased by companies for employee use
• Units with woodstoves or supplemental space heaters
• Units with business, child care, or farm exposures
• Units under renovation
• Units rented to college students or housing roomers/boarders
• Units in protection class 10 or located in AK, AL, CA, FL, HI, KY, LA, MS, or WV

Territories and Availability

This H06 program is available in most U.S. states listed below, and is offered on an admitted basis in most of those territories. It is not currently available in AK, AL, CA, FL, HI, KY, LA, MS, or WV.

Available states: AZ, AR, CO, CT, DE, GA, ID, IL, IN, IA, KS, ME, MD, MA, MI, MN, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WI, WY.

Why Work With MAXIMUM?

As a wholesale broker focused on specialized personal lines, MAXIMUM gives agents access to tailored H06 coverage, responsive underwriting and online quoting/binding. Our team helps place complex or non-standard condo risks and supports value-added services that make your submissions more competitive. You’ll get direct underwriting guidance and the infrastructure to move business quickly.

Please reach out to us today by phone or email with any questions and to discuss how we can assist in this process.

Frequently Asked Questions

What types of accounts are a good fit for this program?

Ideal accounts include individual condo or co-op unit owners—occupied full-time, seasonally, or used as short-term rentals. Trusts, estates, LLCs and partnerships are eligible as named insureds.

Are short-term rental units eligible for coverage?

Yes. Short-term rentals such as Airbnb or VRBO are acceptable provided other underwriting criteria are met.

Can the condo association be added as an additional insured?

Yes. The program allows adding the condo association as an additional insured to address shared liability concerns.

Are there any states where this program is not available?

Yes. The program is not available in AK, AL, CA, FL, HI, KY, LA, MS, or WV.

What are common reasons a risk might be ineligible?

Ineligible risks typically include units under renovation, properties with woodstoves or space heaters, business or childcare exposures, units rented to college students or housing roomers/boarders, and locations in protection class 10.

Need help placing an account? Connect with a market specialist.

U.S. States Available

  • U.S. States Available:
  • Provider Type:
    Wholesale Broker
  • Admitted:
    Most Available States
  • Carriers:
  • Carrier Ratings:
    AM Best Rating of A- or Better
  • Commission:
    -
  • Min Premium:
    -

Browse

Request a Quote Now!

LOCATION

222 S Riverside Plaza, Suite 2340
Chicago, IL 60606
888-364-2765
CompleteMarkets is The Insurance Industry's Professional Network
Please Register for FREE or Sign In to contact
Not an Insurance Agent? No problem, we help hundreds of people find the right agent/advisor every day!
Visit our dedicated Insurance Consumer section and we will recommend the right agent for your specific needs.

MAXIMUM has other insurance programs like Annual Host Liquor Liability.