7. How much is
HOA insurance?
The cost of HOA insurance will depend
on several factors. Some communities
have more common areas or shared
structures than others, which may call
for a more comprehensive policy.
Likewise, your location may be more
at risk for property damage than
others, making it wise to include
flood or earthquake protection in
your master policy. These are all
considerations to think about when
shopping around for insurance
quotes and consulting with brokers.