Calculator · reviewed August 7, 2026

Condo Deductible Exposure Planner

Model equal-share or stated-percentage condo deductible exposure and compare it with loss-assessment coverage and available cash reserves.

Comparable facts

Condo deductible exposure comparison

Scenario—not a coverage opinion. Actual responsibility can differ based on governing documents, law, facts of the loss, policy terms, and association action.

Master-policy deductible scenarioWhen a stated allocation is entered, the modeled share equals the master deductible × that percentage. Otherwise it uses deductible ÷ units.

Equal-share vs stated allocationLeave owner allocation at 0 to use the equal-share scenario. Governing documents may use another method.

HO-6 loss-assessment coverageCoverage may not apply to a particular cause, assessment, deductible, date, or association action.

Cash reserve availableThe worksheet subtracts entered coverage and cash reserve, never below zero.

Separate assessment scenarioCurrent and pending special assessments, association loans, delinquencies, and major contracts should be identified in the document review.

Scenario—not a coverage opinion

Model two possible exposures

Transparent method

Formula and limits

When a stated allocation is entered, the modeled share equals the master deductible × that percentage. Otherwise it uses deductible ÷ units. The worksheet then subtracts the entered coverage and cash reserve, never below zero. Actual responsibility can differ based on governing documents, law, facts of the loss, policy terms, and association action.

Ask licensed professionals

Verify before choosing coverage

Current master-policy limits, deductibles, covered causes, exclusions, valuation, and effective dates.
Association and unit-owner responsibility under the declaration, bylaws, house rules, and current statutes.
Whether the proposed HO-6 policy responds to the specific kind of loss assessment or deductible scenario.
Coverage limits, exclusions, sublimits, deductibles, conditions, and insurer requirements.

Related resources

Continue the review

Use the document checklist and the Hawaiʻi condo decision center before relying on a unit price or monthly fee.