What is the master insurance policy for a condo?

[carribbeandreams2004]

wtf? The master condo policy would have to be purchased by the condo. Well it would have several different policies. And of course the Condo Unit Owner will need their own policy to cover their personal property. In my opinion it would be sold in layers. For example $500,000 by NFIP and then some Surplus Lines Carrier might sell a flood policy of _million$ with a $500,000 deductible.