---
title: Condo association loss assessment insurance coverage
description: Our condo association insurance policy is going up and I'm told I need loss assessment coverage.
---

[Skip to content](https://www.condoassociation.com/blog/tabid/19257/bid/10868/Condo-association-loss-assessment-insurance-coverage.aspx#main-content)

# Condo association loss assessment insurance coverage

| [Budgets & Finance](https://www.condoassociation.com/blog/topic/budgets-finance) |   [Condo Association Insurance](https://www.condoassociation.com/blog/topic/condo-association-insurance) |  

<https://www.facebook.com/sharer/sharer.php?u=https://www.condoassociation.com/blog/tabid/19257/bid/10868/Condo-association-loss-assessment-insurance-coverage.aspx>

<https://twitter.com/intent/tweet?url=&text=https://www.condoassociation.com/blog/tabid/19257/bid/10868/Condo-association-loss-assessment-insurance-coverage.aspx>

<https://pinterest.com/pin/create/button/?url=https://www.condoassociation.com/blog/tabid/19257/bid/10868/Condo-association-loss-assessment-insurance-coverage.aspx>

<https://www.linkedin.com/shareArticle?mini=true&url=https://www.condoassociation.com/blog/tabid/19257/bid/10868/Condo-association-loss-assessment-insurance-coverage.aspx>

## What do you think? Question:

My [condo association master insurance](https://www.condoassociation.com/CondoAssociation/tabid/83434/Default.aspx) policy deductible is going from $1,000 to $20,000. I am told I should have loss assessment insurance on my private policy.

What is loss assessment coverage and how much is enough?

<https://www.facebook.com/sharer/sharer.php?u=https://www.condoassociation.com/blog/tabid/19257/bid/10868/Condo-association-loss-assessment-insurance-coverage.aspx>

<https://twitter.com/intent/tweet?url=&text=https://www.condoassociation.com/blog/tabid/19257/bid/10868/Condo-association-loss-assessment-insurance-coverage.aspx>

<https://pinterest.com/pin/create/button/?url=https://www.condoassociation.com/blog/tabid/19257/bid/10868/Condo-association-loss-assessment-insurance-coverage.aspx>

<https://www.linkedin.com/shareArticle?mini=true&url=https://www.condoassociation.com/blog/tabid/19257/bid/10868/Condo-association-loss-assessment-insurance-coverage.aspx>

## What do you think? Answers (12)

#### What are your thoughts on this topic?

***Comments and postings are not legal advice**, but are the opinions of our readers. This forum and its contents are being monitored. Please be respectful of each other. *  
  

## Related Posts

### [Florida condo association building has no wind or flood insurance](https://www.condoassociation.com/blog/tabid/19257/bid/12804/Florida-condo-association-building-has-no-wind-or-flood-insurance.aspx)

### [Is Your Condo Association Playing By The Rules?](https://www.condoassociation.com/blog/tabid/19257/bid/9714/Is-Your-Condo-Association-Playing-By-The-Rules.aspx)

### [Condo association take assessment but doesn't complete repairs](https://www.condoassociation.com/blog/condo-association-take-assessment-but-doesnt-complete-repairs)

```json
{
  "@context" : "https://schema.org",
  "@type" : "BlogPosting",
  "dateModified" : "2024-10-01",
  "datePublished" : "2024-10-01",
  "headline" : "Condo association loss assessment insurance coverage",
  "image" : [ "" ],
  "mainEntityOfPage" : {
    "@id" : "https://www.condoassociation.com/blog/tabid/19257/bid/10868/Condo-association-loss-assessment-insurance-coverage.aspx",
    "@type" : "WebPage"
  }
}
```