• Bare wall insurance is one of three approaches used for condominium insurance coverage. Under the “bare walls” approach, the condominium association insures only the bare structure of a single condominium building; structure, adaptations and furnishing of territories under collective ownership; and the association’s personal property, which is collectively owned. Under this methodology, individual unit owners are responsible for insuring building assets they own and use exclusively, such as sinks, built-in wardrobes, appliances, floors, and wallpaper (along with any upgrades and upgrades) in their individual owner-owned units. (HO) 6 or form of owners of premises. The other two methods of coordinating this coverage are the One Person Coverage and the All Inclusive Coverage. The rules and agreements of the condominium association usually specify which approach is required.