Once the repairs are complete, you should be able to obtain a new HO-6 policy.
As well, in your HO-6 policy, you can request coverage for 'loss of use', so that if you are required to move out of your property based on a catastrophe, your costs of living day-to-day are covered, and in addition, you can request assessment coverage, so that your assessments can be paid even while you are not able to occupy your unit (they will still be due).
Homeowners Insurance Policies always exclude preexisting un-repaired damage.
Condo insurance can be purchased at the same places that sell homeowners insurance and will cover the costs of your property inside your condo and will pay for damages incurred.
The value of your insurance depends upon the value of your condo. The important thing is that you have enough insurance to replace the condo. If you got the condo for a low price many years ago you can't insure it for that because you'd not be able to get another to replace if it were destroyed. The cost of the insurance on yor condo is based on several factors. In some cases your condo association will dictate the amount of coverage you must have.
Your local insurance broker can answer your question.
If you own a condo, you can get basically the same type of insurance as a homeowner, depending on what type of condo you have. If you condo is more like apartments, you may be able to get insurance similar to renters insurance, while if you have a stand alone home, you can basically get just home owner insurance.
State Farm, Progressive and Geico are some well known companies that offer condo association insurance policies. There are local and lesser known companies such as Melendez Insurance that offer condo association insurance policies also.
Condo insurance is basically renters insurance. You can go to a few different companies to do this, the best and most prominent one is probably State Farm Insurance.
A condo insurance costs about $200-$500 a month. You can read more at http://www.prudentialelliman.com/MainSite/Guide/NYCClosingCosts.aspx
Condo insurance is available as a specialist type of home insurance from most mainstream home insurance providers. Some well known examples are State Farm, Bank of America and GEICO.
The best way to do comparison shopping for your new condo is to do it online. There are a number of companies that can give you instant quote online.
Your insurance policy clearly states its date of expiry.
Average condo insurance rates in Illinois are 4.69%. This varies greatly depending on what part of the city you live in, but 4.69% is the common mean and average.