Though your HOA policy covers damage to the building, your actual unit (and anything inside) isn't protected by their coverage. Luckily, condo insurance guards against risks unique to you and your unit. Here are just a couple of ways your policy keeps you better protected.
Damage to your unit
If your pipes freeze up one winter, or snow and ice from your roof come crashing into your living room, condo insurance in Minnesota helps make sure you're not paying dearly for all of those repair or replacement bills.
Not only can condo coverage help pay for guests' medical bills if someone is injured on your property, but it can also cover your legal fees if an accident turns into a lawsuit.