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Distinguished

JUNE 16, 2025

With all of these responsibilities and people involved, problems will arise — and when they do, they’ll need a good broker with the right HOA insurance policy in their corner. However, getting HOAs the right insurance isn’t easy. Some policies do not cover all people associated with the board (i.e.,

Liability

Property Insurance Centre

MAY 20, 2024

Consequences of Underinsurance In the event of a claim on the block insurance policy , the insurer or its appointed loss adjuster may check to see that the Declared Value is adequate. If it is not, they may rely upon a clause within the insurance policy called Average, Average Condition, or Underinsurance.

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