In traditional single family residential communities, each homeowner is responsible for selecting an insurance agent and obtaining their own property insurance. In the event that a homeowner’s residence suffers a casualty, the homeowner will look to its property insurance provider for reconstruction proceeds and other residences within the community are unlikely to be impacted. However, in attached residential communities, if one homeowner’s residence suffers a casualty, other residences within the community are likely to be impacted. Read the entire article……………………………….
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