People generally invest in insurance coverage to
protect themselves from expenses if anything should
happen. Homeowners' association (HOA) insurance
works similarly, providing a safety net for association
members when there are unforeseen liabilities and
costs related to community property and legal claims.
Understanding the complexities of HOA insurance
and finding the right policy for your association can
be overwhelming and leave you with more questions
than answers. However, it's vital to have HOA insurance
coverage to shield board officers and homeowners from
financial culpability in case something goes wrong.
If you're unsure about HOA insurance, how it works,
and why your association may need it, you've come to
the right place. Read on for answers to the eight most
frequently asked questions about HOA insurance.
