Buying A Condo? What You Need To Know About Insurance While there are some differences in buying an Austin, TX condo versus a single-family home, insurance coverage is pretty similar. Once you find a condo that fits your needs, you’ll likely start looking into how much insurance coverage you need, what the condominium association covers, and what items you should include on your policy. Normally, the condominium associations own and insure the outside structure of the building – condominium grounds,…