Tailored Protection for Condo & Co-op Owners

You own more than just your personal belongings. Make sure your policy reflects that.

Ownership in a shared community—whether it’s a garden apartment in Selden, a luxury condo in Port Jefferson, or a co-op in Queens—requires a very specific type of insurance. It sits right between "Homeowners" and "Renters" insurance, and getting it wrong can cost you thousands.

At Sean Worth Allstate, we understand the complexities of New York’s HO-6 policies. We review your building’s "Master Policy" to ensure you aren't paying for double coverage—or worse, leaving your expensive kitchen renovations unprotected.

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Customized Coverage for Every Stage of Life

We specialize in:

Standard Homeowners (HO-3): Comprehensive protection for single-family homes against fire, theft, and vandalism.
High-Value & Luxury Homes: Specialized packages for homes exceeding standard rebuild limits, including coverage for custom craftsmanship and architectural details.
Coastal Property Solutions: Expert navigation of hurricane deductibles and flood insurance requirements for homes in Port Jefferson, Setauket, and Nissequogue.
Secondary & Vacation Homes: protecting your getaway property on the East End or upstate.

The "Walls-In" Concept: What Do You Actually Own?

One of the biggest misconceptions is that the Condo Association or Co-op Board covers the structure. In most New York agreements, the association’s "Master Policy" stops at the drywall.

You are likely responsible for:

Additions & Alterations: If you (or a previous owner) upgraded the kitchen cabinets, installed hardwood floors, or renovated the bathroom, you must insure those improvements.
Interior Structure: In "Bare Walls" bylaws, you are responsible for the drywall, insulation, and interior plumbing fixtures.
Personal Property: Your furniture, electronics, clothing, and valuables.

Co-ops vs. Condos: We Know the Difference

While the insurance policies look similar, the ownership structure is different.

Co-op Owners: You own shares in a corporation and have a proprietary lease. We ensure your policy meets the strict requirements of NY Co-op Boards (often requiring high liability limits).
Condo Owners: You own the real estate via a deed. We protect your unit and your share of the common responsibilities.

The "Hidden" Risk: Loss Assessment Coverage

This is the most overlooked coverage in New York.

If your building suffers a major loss (like a roof repair that exceeds the reserve fund) or a massive lawsuit (someone slips in the lobby) that exceeds the building's insurance limits, the association can assess every unit owner for their share of the bill.

The Risk: You could suddenly receive a bill for $5,000 or $10,000.
The Solution: We can add Loss Assessment Coverage to your policy to pay these unexpected costs so they don't come out of your pocket.

Common Questions About NY Condo/Co-op Insurance

What is the difference between HO-6 and Renters Insurance?

Renters insurance covers your belongings and liability. HO-6 (Condo/Co-op) insurance covers belongings and liability, plus the interior structure of the unit (walls, floors, fixtures). If you own the unit, renters insurance is not enough.

How much "Additions and Alterations" coverage do I need?

We recommend estimating the cost to completely renovate your kitchen and bathrooms plus the cost of your flooring. In New York, $50,000 is often a starting point for basic units, but high-end North Shore condos may need significantly more.

Does Allstate cover water damage in a Condo?

Yes, but it depends on the source. Sudden bursts (like a pipe breaking) are generally covered. However, slow leaks or flood damage (rising water from outside) typically require separate discussions or policies. We can help you distinguish between "water backup" coverage and standard water damage.

Serving Communities from Manhattan to Montauk

We help unit owners navigate board requirements and closing documents throughout the region:

Suffolk County Condos: Leisure Village, The Colony, Bretton Woods, and more.
North Shore Luxury: Port Jefferson, Stony Brook, and Setauket.
NYC Co-ops: Serving clients in Queens, Brooklyn, and Manhattan who need quick proof of insurance for board approval.