The Condominium Commercial Unit-Owners Coverage Form is designed for owners of what type of property and what does it cover?

• A. Residential condos; covers building and contents
• B. Commercial condos; covers contents including business personal property and personal property of others; no building coverage
• C. Industrial condos; covers building and liability
• D. Any condo; covers building and liability

Answer: (B)

The Condominium Commercial Unit-Owners Coverage Form is designed for owners of commercial condominium units and provides coverage for the contents inside the unit, including the business personal property owned by the insured and personal property of others in the unit’s care, custody, or control. It does not cover the building itself—the building and common areas are typically insured under the condo association’s master policy. This form fills the protection gap for interior contents and the insured’s responsibility for others’ property within the unit, while leaving building coverage to the association.