Condominium Insurance Amendment Act of 2025

The Condominium Insurance Amendment Act of 2025 raises the deductible amount that unit owners must cover when a property loss (like a fire or water leak) originates in their unit, from $5,000 to $25,000. It requires condominium associations to pass this deductible responsibility directly to the unit owner responsible for the loss, allowing them to use their own required insurance policy instead of the association's master policy. This affects individual unit owners in District of Columbia condominiums whose units cause property damage, shifting costs from shared fees to the specific owner. The bill also updates minimum insurance requirements, including a $25,000 loss assessment coverage limit for unit owners' policies.