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Tag: HOA insurance

Insurance Issues for HOAs

Thursday, 05 January 2023 by Pat Geddie
HOA insurance
There are many ways that an HOA could either sustain damage or incur potential liability. An HOA maintains numerous common areas where residents and others may pass. In addition, there is potential liability when an unhappy owner files a lawsuit against the HOA. For various reasons, an HOA would need one of several insurance policies.
HOA insurance
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General Liability Insurance for HOAs

Saturday, 27 November 2021 by Pat Geddie
HOA insurance
Owning property comes with different insurance requirements, and this is no different for homeowner associations (HOAs). These entities that oversee multi-resident communities must carry general liability insurance coverage. These policies are in place to protect owners from liability if any type of harm arises from common area activity. This liability insurance should cover different situations,
HOA insurance
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