Essential Insights on Condo Insurance for Motorola Solutions Employees: What You Need to Know Before You Buy

Healthcare Provider Update: Healthcare Provider for Motorola Solutions Motorola Solutions typically provides its employees with healthcare benefits through major national insurers, including UnitedHealthcare and Anthem. These providers are known for offering comprehensive health plans that include medical, dental, and vision coverage, aligning with the company's commitment to employee wellness. Potential Healthcare Cost Increases in 2026 As the Affordable Care Act (ACA) marketplace braces for record premium hikes in 2026, Motorola Solutions faces potential challenges in managing healthcare costs for its employees. With states like New York reporting increases over 60% and the possibility of enhanced federal subsidies expiring, many individuals could see their out-of-pocket premiums jump by more than 75%. This perfect storm of rising medical expenses and aggressive insurer rate hikes may significantly affect employee health costs, compelling the company to consider strategic adjustments in its benefits offerings to maintain workforce health and satisfaction. Click here to learn more

Motorola Solutions employees may benefit from understanding how the ownership structure of a condominium unit is different from that of a single-family house. Here’s what you need to know when purchasing insurance for your condo.

1. Understand the Master Policy

For Motorola Solutions employees worried about condo insurance, since the ownership of all common areas is shared with other condo owners, the association of owners typically purchases insurance coverage (a master policy) for the common areas, e.g., hallways, exterior walls, etc. The condo association’s policy will outline what is covered and what is not.

2. Three Types of Coverage

There are three basic types of coverage under a master policy that those employed at Motorola Solutions should be aware of.

• Primary buildings and common areas
• Your unit and any items within your unit, other than personal belongings
• Building, unit, and any fixtures

The individual coverage you may consider depends upon the scope of coverage of the master policy. Motorola Solutions employees should also try to determine what is and isn’t covered under the master policy – this can influence the coverage you may need.

3. Know the Master Policy Deductible

Generally, an association’s master policy has a deductible that is charged pro-rata among unit owners in the event of a claim. Determining that obligation is important because while it may never materialize, it could represent a meaningful financial commitment.

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4. Consider Additional Coverage

Similar to any homeowner, Motorola Solutions employees will need to make decisions about other coverage options, such as cash value or replacement coverage, adding personal liability coverage, and whether flood insurance may be appropriate.

Several factors will affect the cost of condo insurance, including the insurance coverage provided by the homeowners association. You should consider the amount of your deductible and level of coverage before purchasing a condo insurance policy. Any guarantees associated with a policy are dependent on the ability of the issuing insurance company to continue making claim payments.