"It's a celebration when the deed and Homeowner's Association bylaws are signed and sealed, but fantasy becomes reality when your neighbor's water heater leaks and you have a mess, literally and figuratively," Patrick Kelahan, of H2M, writes. (Credit: Robert Herhold/stock.adobe.com)
Not many speak of this elephant in the insurance room, even though there are thousands of them: condominium policies. Often thought of as the renters policies grown-up brother, the condo (and also the co-op) policy is the requirement encountered when moving from renter to owner.
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