As mentioned previously, loss assessment coverage is probably already included in your HO-6 insurance policy. However, you may not be covered for a sufficient amount, so it may be a good idea to purchase an endorsement from your insurance provider. Suppose you are unsure of which type of coverage you need. In that case, you can shop around to see the policies that different insurance companies offer. Often, it’s best to consult your broker or insurance representative to discuss your options and help you find the best loss assessment coverage
for you. Companies will offer different insurance coverage levels, so you must purchase the right one to cover you the best.