Owning a condo means that you will have to get homeowner’s insurance, but there tends to be an issue that many insurers tend to have with condos. Since condos often have communal areas, the lines of property owners tend to be a bit blurred. It sometimes can be called “wall-to-wall condo insurance.” There are several ways to declare ownership in an insurance policy for a condo. “Walls-in” means that you have insurance on the exterior framing of your condo inward.
Things like appliances, upgrades, and exterior renovations are not covered in this type of insurance. This is not to be confused with “bare walls-in,” which is coverage that involves communal areas of the condo as well as the structure of the condo. That is more of a structural insurance style that your HOA will enroll in, rather than something for you.