all inclusive coverage

All inclusive coverage is one of three approaches used for condominium insurance coverage, with the condo master policy covering all real property.

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Under the "all inclusive" or "all-in" coverage, the condominium association master policy covers all real property in a residential condominium structure, including fixtures in individual units and any structural improvements, betterments, or additions that the individual unit owner has made. It provides coverage to replace a unit to the condition it was in at the time of the loss. With this approach, the unit owner is responsible for covering only their personal property under the HO 6 or unit owners form. The other two methods to coordinate this coverage are the "single entity" coverage and the "bare walls" coverage. The condominium association rules and covenants typically specify which approach is required.