HOA Directors Should Not Buy Insurance Coverage Without First Reviewing a “Specimen Policy”
- Insurance
Summary
State laws and/or governing documents for homeowners associations impose requirements for the association to carry various forms of insurance such as:
• Directors & Officers
• Commercial General Liability
• Property insurance
• Fidelity Bond
• Umbrella
• Workers Compensation
• Earthquake
• Flood Insurance
Many different insurance companies offer various types of insurance that is required by homeowners associations. While the general types of insurance may be available from […]
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