Insurance with a condo can be confusing and you need to know what the condo association pays. Many condos have common insurance that covers the roof, walls, deck, doors, windows, pools, sidewalks, etc. In these condos all you have to have insurance on are the contents of your condo. You insure paint to paint or in other words from that wall to the other wall inside the unit. Simple renters insurance is the same thing and pretty darn cheap since the condo assoc covers the building.