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Available on an All Risks or Named Perils basis, Condominium Insurance is similar to standard home owner`s property policies, but it differs in how losses are assessed. Because you share responsibility for common property with other home owners, Gold Key`s specialized condominium package ensures that your portion of commonly owned property is covered from damage arising out of insured perils. Often times, the condominium corporation`s insurance will cover losses against common areas, but for those times that they don`t, Gold Key`s Condominium Insurance package has you covered.