Homeowners’ Associations (HOAs) carry insurance policies to protect shared community spaces, buildings, and sometimes even portions of individual units. But when damage or loss occurs, many homeowners and board members are left wondering, “What exactly happens during the HOA insurance claims process?” In this article, we’ll go over the common procedure for filing a claim with … Read more
Homeowners Associations (HOAs) play a crucial role in the safeguarding and maintenance of common community properties and the efficient running of residential communities. But with responsibility comes risk. From lawsuits to property destruction, HOAs encounter several legal and financial obstacles. This is why it’s important to protect your association with a tailored homeowners association insurance policy that meets … Read more
Running a homeowners association (HOA) comes with a host of responsibilities, everything from maintenance of common areas to protecting the community from liability. The choice of an HOA insurance policy is one of the biggest decisions to be made by an HOA board and property manager. But how can you be sure you’re getting solid HOA insurance that … Read more
If you’re managing a Homeowners Association (HOA), you’re well aware of how vital it is to maintain protection for your community. One meaningful way to accomplish this is with HOA insurance, a specialized coverage meant for homeowner associations. With so many options and requirements, what insurance does your HOA need? In this blog, we’ll explain in simple terms … Read more
While maintaining common areas and enforcing community rules are certainly important aspects of managing a homeowners association (HOA), they are not the only parts. Perhaps the hardest of all, and probably one of the most important parts of successful HOA management, is getting the correct insurance coverage. Knowledge of HOA insurance not only protects the association’s assets but … Read more