1. What is HOA insurance?
An HOA insurance policy provides protection for homeowners'
association members if an accident or damage occurs in a
community's common areas. The policy protects HOA members
from liability in case somebody suffers an injury and covers the
cost of repairs when a shared space is damaged. HOA insurance,
also called the "master policy," should cover any community
space or structures shared by the association members, such as:
• Swimming pool
• Playground
• Fitness center
• Clubhouse
• Dog runs
• Walking trails
• Walkways
