In a homeowner association environment, there are two major types of insurance policies: the insurance carried by the HOA and insurance carried by the individual owners. In condominiums, the HOA’s insurance generally extends to the entire property, including the units themselves. However, to protect the HOA’s insurability, unit owners are required to carry a Condominium Owners policy which pays for insurable events within the unit. Read the article……..
Related Post
March 28, 2015
January 30, 2023
October 12, 2021
Comments are closed.