The Florida condominium law simply provides that a condo association must maintain "adequate" condo association insurance. The condo law does not define what "adequate" means, nor generally the required types of condo association insurance which a condo association may carry.

In my opinion, it is important for the declaration of condominium association to specifically guide the condo board on what type of condo associaiton insurance requirements apply to the condo association. The following is a list of the different types of condo association insurance coverage generally applicable to condominium associations and Homeowner Asssociations.