Where the master policy ends and your coverage begins.

Commercial condos and flex buildings share a coverage challenge: responsibility is divided. A condo association's master policy covers some of the structure, your unit policy covers the rest, and the line between them, set by the bylaws, is where owners get caught. Flex space adds its own twist, with mixed office, warehouse, and light-industrial use under one roof.

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Commercial condo insurance covers an owner's unit and the gaps left by the association's master policy, while flex-building coverage handles the mixed office, warehouse, and light-industrial use these buildings combine. The recurring problem is the division of responsibility: owners assume the master policy covers more than it does, and the bylaws and policy wording have to be reconciled so nothing falls between them.

The divided-responsibility problem

In a commercial condominium, the association's master policy covers defined parts of the structure and common areas, and the individual owner is responsible for the rest, often the interior, improvements, and contents, as set by the bylaws and the master policy form (bare walls, single entity, or all-in). Owners frequently misread that line, carrying too little because they assume the master policy reaches further than it does, or paying twice for overlapping coverage.

Flex space and mixed use

Flex buildings combine office, warehouse, and light-industrial use, sometimes within a single tenancy, which complicates both valuation and liability. The right coverage reflects the actual use mix and how it can change as tenants come and go, since an office-heavy unit and a warehouse-heavy one carry different risk. For flex condos, the divided-responsibility issue and the mixed-use issue stack on top of each other.

How we handle it

We read the association bylaws and master policy to pin down exactly where the master coverage stops, then build the unit coverage to fill the gap without overlap, including loss assessment coverage for your share of an association shortfall. For flex space, we match the coverage to the real use mix and confirm the valuation and liability reflect how the building is actually occupied.

Frequently asked

Commercial condo & flex insurance, answered.

What does a commercial condo association master policy cover?

It depends on the bylaws and the master policy form. A bare-walls form covers the basic structure and leaves interiors and improvements to the owner; an all-in form covers more. The owner is responsible for whatever the master policy does not, which is why reading the bylaws and the form is the starting point for getting your unit coverage right.

What is loss assessment coverage?

Coverage that responds when the association levies an assessment on unit owners, for example after a loss that exceeds the master policy's limits or deductible. Without it, your share of an association shortfall comes out of pocket. It is an important and often overlooked piece of a commercial condo owner's program.

How is flex space different to insure?

Flex buildings mix office, warehouse, and light-industrial use, which changes both the valuation and the liability and can shift as tenants change. The coverage should reflect the actual use mix rather than a single generic classification, since the risk of an office suite and a warehouse bay under the same roof differ meaningfully.

How do I avoid paying twice or being underinsured in a condo?

By reconciling the bylaws and master policy with your unit policy so the two line up, no gap, no overlap. Owners commonly either under-insure, assuming the master policy covers their interior, or double-insure the same elements. A review of the documents against your policy fixes both.

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Do you know exactly where the master policy stops?

Take a few minutes and we will reconcile your association bylaws and master policy with your unit coverage, check loss assessment, and match flex coverage to your real use mix.

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We pin down where the master policy coverage ends

We build unit coverage with no gap and no overlap

We confirm loss assessment coverage is in place

You get a clear read on your condo or flex exposure

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