Altering the types of elements and units for which a council of unit owners is required to maintain certain property insurance; requiring the council of unit owners to notify owners of detached units within a condominium of certain property insurance coverage obligations; limiting instances when an owner of a detached unit within a condominium is required to carry homeowners insurance on the entirety of the unit; and authorizing a council of unit owners to carry homeowners insurance on the entirety of units with a condominium.