6. How do you buy HOA
insurance?
Insurance agencies will typically offer several types of policies,
including HOA insurance. However, HOA insurance can be more
complicated than other types of coverage, so it's crucial to work with
a trusted agency that can share expert-level insight and guidance.
Even if your association already has HOA insurance and you've been
with the same broker for a while, it doesn't hurt to get quotes from
other companies. Look for insurance agencies that specialize in
commercial real estate and have a good reputation in the industry.
Most of these companies will offer free initial consultations and
estimates, which you should take advantage of. This will help you
find the right agency that offers exactly what you need for your HOA.
