Protect Your Home from Colorado Hailstorms with HO6 Insurance: What You Need to Know


Hailstorms in Colorado have been on the rise, and their impact is becoming increasingly severe. As a homeowner, it's crucial to understand the implications of these destructive events and to ensure you have the right coverage. In this educational piece, we'll explore the frequency and severity of hailstorms in Colorado and discuss why homeowners need to have a solid grasp of their HO6 insurance policy.

Understanding HO6 Insurance Coverage

HO6 insurance, commonly known as "Condo Unit Owners Insurance," is tailored for condominium and townhouse owners. Its primary role is to provide coverage for aspects that the HOA master policy might overlook, such as the interior of your unit and your personal belongings. This is increasingly important as many Homeowner Associations now mandate HO6 policies for comprehensive protection.

HO6 insurance differs from traditional homeowner policies by focusing on the unique needs of condo and townhouse owners. It fills the gaps left by the HOA's master policy, which usually covers the exterior and common areas. The HO6 policy safeguards the interior of your unit and personal property against various risks, including hailstorm damage, which is particularly relevant in Colorado.

HO6 insurance covers several critical areas:

  • Interior structures (like fixtures and improvements)

  • Personal property (appliances, furniture, etc.)

  • Liability protection

  • Loss of rents

  • Loss assessment

The significance of loss assessment is heightened by the increasing trend of higher deductibles in master HOA policies. For instance, loss assessments can vary significantly, often ranging from $1,000 to $10,000 or more, depending on the extent of damages. This aspect of coverage plays a key role in mitigating the impact of such large deductibles, shifting the financial responsibility from individuals to the insurance policy. This is especially relevant in areas like Colorado, which are prone to regular hailstorms that threaten property. The loss assessment feature in HO6 insurance is essential, providing crucial financial safeguarding against damages to shared spaces and external structures (Source: Investment Community of the Rockies).

Impact of Hailstorms on Colorado Homes

Colorado's unique geographical location and weather patterns make it highly susceptible to severe hailstorms. The high elevation combined with the presence of the Rocky Mountains results in the perfect conditions for hail formation. Hailstones can reach sizes as large as tennis balls or even grapefruits, causing extensive damage to roofs, windows, and siding.

Roof damage is one of the most common consequences of hailstorms. Hailstones can puncture or fracture roofing materials, leading to leaks and structural issues. The severity of the damage can vary depending on factors such as the size and density of the hailstones, the angle of impact, and the age and condition of the roof.

Following a hailstorm, it is important to inspect your roof for cracks, storm damage, loose shingles, leaks, and more. In some cases, home and building owners can identify loose shingles and clogs in the gutters and downspouts from the ground. However, the Colorado Roofing Association recommends hiring a professional local roofing contractor to perform inspections of the roof to ensure the safety of the homeowner and to confirm that the roof is in good condition. 

For more information on inspecting your roof after a hailstorm, check out our guide: Hailstorms and Your Roof.

Assessing Hailstorm Implications on Condominiums and Townhouses

For owners of condominiums and townhouses, assessing hailstorm implications requires an understanding of how HO6 insurance coverage applies to multi-unit properties. HO6 insurance is designed specifically for condominium owners and provides coverage for personal belongings, interior structures, and liability.

When it comes to hailstorm damage, condominium, and townhouse owners should consider the following concerns and considerations:

  • Review the master insurance policy provided by the condominium association to understand the extent of coverage for exterior structures, including roofs and siding.

  • Confirm whether the HO6 insurance policy includes coverage for hailstorm damage to interior structures, personal belongings, and additional living expenses in case of displacement.

  • If the master insurance policy does not provide adequate coverage for exterior structures, consider purchasing additional coverage specifically for hailstorm damage.

  • Consult with an insurance agent or representative to gain a clear understanding of the coverage terms and limits 

After experiencing a hailstorm and assessing the damage on your property, it's crucial to file an HO6 insurance claim to receive compensation for the necessary repairs. Understanding the claims process and following the correct steps will ensure a smoother and more efficient resolution. 

For more information on how to file a roofing claim, check out our blog, Filing a Roofing Insurance Claim in Colorado: A Step-by-Step Guide.

Why HO6 Insurance Coverage is Crucial for Homeowners in Colorado

Hailstorms can have severe implications on different types of homes in Colorado. From damaging roofs and windows to causing flooding and property destruction, hailstorms can result in significant financial losses for homeowners.

An HO6 insurance policy provides essential coverage for homeowners, specifically tailored to protect against hailstorm-related damages. This type of insurance coverage ensures that you are financially protected and can quickly recover from the devastating consequences of a hailstorm.

It is crucial for homeowners in Colorado to review their insurance policies and ensure they have adequate coverage for hailstorms and other potential risks. Regularly assessing and updating your HO6 insurance policy will guarantee that you are protected against hailstorm damages and any other unforeseen events.