Most standard, individual condo insurance covers:
Personal property: Helps replace belongings stolen or lost in a covered incident (like a fire). Your stuff can even be protected on the go.
Personal liability: If someone is injured inside your unit, or you accidentally injure someone away from home, this helps protect your assets and savings.
Damage to unit structure: Unlike in an apartment, in a condo you own everything inside your unit's walls — like carpeting, ceilings, and countertops. So, it's up to you to insure them.
Additional living expenses: If your condo is damaged to the point that it's uninhabitable, this helps relocate you and pay living expenses while repairs are made.