While nearly all HOAs have some type of policies on the books, many HOA boards have little or no idea what type of insurance they have or need. This can potentially lead to expensive litigation and claims that can cost your homeowners association thousands, and sometimes even millions of dollars.  There are certain types of insurance your homeowners association should have including: building/property insurance, general liability insurance, director’s and officer’s insurance, workers compensation coverage, and fidelity insurance. The article excerpt below clarifies crime and fidelity insurance.    Read the article……….