townhome

A townhome, also referred to as a townhouse, is a dwelling unit that is usually attached to one or more neighboring units, connected by shared walls. Unlike a condominium arrangement, a townhome owner may own the dwelling structure and the land beneath it. The appropriate insurance coverage depends on who is responsible for insuring the full structure or the interior of the unit. Coverage may be provided by the homeowners association master policy for common areas, shared elements, exterior building components, or liability exposures.