Condo insurance is more like renters insurance than a homeowners policy, in that it largely covers your belongings, not the physical structure of your property. (That's generally covered by a policy ...
WARNING. FLORIDA’S CONDO OWNERS ARE STILL DEALING WITH RISING HOMEOWNER ASSOCIATION FEES AND INSURANCE PREMIUMS, ACCORDING TO REALTOR.COM. THE AVERAGE SALES PRICE FOR A CONDO IS DOWN FROM LAST YEAR.