Home Owners Associations or HOAs are becoming more common as an increasing number of planned neighborhoods crop up here and there.
HOAs can offer many benefits; however, they also require taking another look at your home owners insurance.
While the HOA organization by itself will typically have its own insurance [...]
A homeowners association or HOA must have insurance just like individual homeowners. Home HOA insurance covers the association for risks involved with property maintenance and liability concerns in neighborhoods that have a homeowners association. Yet this insurance is different than regular homeowners insurance. Associations must ensure they are [...]
Many neighborhoods that include condos and single-family homes require property owners to be a part of a homeowner’s association. These groups carry home HOA insurance, which covers them against liability and other losses that occur within the community, protecting association members both legally and financially. Many association members [...]
