HOAleader.com provides practical advice on homeowner and condominium association management, laws, rules, insurance, finances, reserves, dues, liens, assessments, dispute resolution, and more.HOAleader.com provides practical advice on homeowner and condominium association management, laws, rules, insurance, finances, reserves, dues, liens, assessments, dispute resolution, and more.
HomeBrowse by TopicDiscussion ForumTell a FriendText SizeSearchMember Log-in
 Interact
Free Newsletter
Discussion Forum
Follow on Twitter
 RSS Feed
 Browse
Search
New Headlines
Topics
Most Popular
Special Reports
Vendor Directory
Contributors
 Membership
Join HOAleader.com
Members-Only Home
Group Discounts
 FAQ
About HOAleader.com
Affiliates
HOA Vendors
Help
Our Guarantee
Contact Us
Your Privacy

Add to Google Reader or Homepage
Published by Plain-English Media, LLC
Home | HOA Insurance

HOA & Condo Insurance

Back to main Topics page


Should You Study How Your Homeowners Association Stacks Up to Nearby HOAs?
January 2012
An owner reports online that her homeowner association commissioned a study to see how it compared to nearby HOAs in terms of amenities, services, costs, and market value. Should your HOA commission such a study? Where do you find a vendor to conduct such a survey? And are the results of such a study open to owners' review, or can you keep them confidential? Here are some answers. . . . keep reading
The Pros and Cons of HOA Self-Insurance
September 2011
Some HOAs are so large and their insurance premiums so hefty that they toy with the idea of self-insurance. Here, we explain what self-insurance is and discuss the risks. . . . keep reading
HOA Insurance Coverage: What's the Right Amount? Discussion Forum Follow-Up
June 2011
A reader asks, "Our HOA has 22 units with no swimming pool, tennis courts, playground, club house, etc. We now have $1 million per occurrence and $2 million aggregate on our general liability insurance policy and a $5 million umbrella policy. What do most HOAs our size and situation carry on general liability and umbrella? We're discussing the possibility of increasing the general liability to $4 million/$2 million and dropping the umbrella or keeping the general liability of $2 million/$1 million and reducing the umbrella." . . . keep reading
Can Your Lender Buy HOA Insurance and Charge Your HOA for It?
May 2011
HOA boards beware: If a lender holds a mortgage on your HOA property or on an owners' property, it can enforce its requirement that your HOA carry adequate insurance coverage for its assets--regardless of whether you want that coverage or can afford it. Here's what you should know about this practice so that you can protect your HOA and avoid spending unnecessary money. . . . keep reading
Four Insurance Policies Your Homeowners Association Must--or Should--Have
April 22, 2011
In this week's tip, we explain four insurance coverages your association must have or should seriously consider. . . . keep reading
HOA Insurance Primer, Part 2: Eight Coverages to Consider
April 2011
Your homeowners association must have insurance, but it doesn't have to waste money on coverage it doesn't need. Here we explain eight coverages your HOA should have, including some that aren't standard but that your association should consider. . . . keep reading
HOA Insurance: What You Need to Know -- Part 1
April 2011
The cost of insurance can hamstring an HOA. That's why it's important to understand HOA insurance basics so you and your board of directors can intelligently evaluate insurance bids. Here, in part one of a two-part series, we explain how to determine what coverages your HOA must have, how to determine the value of the property you must insure, and extra coverages to consider. . . . keep reading
What to Do When Your Vendor Breaches Your HOA Contract
March 2011
When one of your vendors suddenly makes demands not included in your contract, what are your remedies? What if your landscaper, under contract, suddenly demands you pay double? Can you terminate the contract immediately? Are there times when you have to renegotiate? Here, we provide answers. . . . keep reading
HOA Insurance Increases Getting You Down? 2 Tips To Help Cut Costs
October 22, 2010
In this week's tip, we aim to put a smile on your face by giving you two ways to fight back against insurance rate increases: . . . keep reading
HOA Insurance: 5 Tips for Saving Money on Insurance for Your Condo of Homeowners Association
October 2010
Are the insurance costs of your condo or homeowners association going up and up? Here, we provide five tips for keeping insurance costs down, including raising your deductible and reducing your policy limits, and explain the benefits and risks of each. . . . keep reading
HOA Board Members: 7 Things You Must Know If You're Sued Personally for Board Actions
April 2010
Sometimes homeowners sue HOA boards, and sometimes they sue both the board and board members individually. Here are seven things you should know if you're personally sued for actions taken as a condo or homeowners association board member. . . . keep reading
HOA or Condo Insurance Checkup: Review Your Governing Documents
September 4, 2009
"Read carefully the [insurance] requirements of your own governing documents," advises Robert Galvin. "Occasionally, I find an association that . . . keep reading
HOA and Condo Insurance: 5 Tips to Double-Check Your Association's Insurance Coverage
August 2009
It's time for an insurance checkup so you can determine whether your condo or homeowners association's policy provides the right coverage and whether you can save money. Here are 5 tips on double-checking your coverage. . . . keep reading
HOA Policies: Do You Have Today's Must-have Policies?
June 2009
Attorneys who specialize in representing associations say there are some policies your association can't go without. Here are just a few. . . . keep reading
HOA Insurance: How to Be Certain Your HOA Isn't Underinsured
April 13, 2009
This week's tip is taken from a new article on avoiding HOA insurance mistakes. . . . keep reading
HOA Insurance Mistakes: Steer Your Homeowners Association Clear of These Insurance Pitfalls
April 2009
One simple mistake can become costly when it involves insurance. You could end up overpaying for coverage you don't need--and who has extra money to throw away in this economy? Or you could learn that you don't have the coverage you thought you did when faced with a costly repair. Here, experts identify the mistakes associations can make when it comes to insurance and offer tips for avoiding the missteps. . . . keep reading
More HeadlinesMore Headlines
 Tip of the Week
Sign up for the FREE
HOAleader.com
weekly e-zine
 Free White Papers

 
HOA Finances:
Best Practices for Getting Your Homeowners Association through Difficult Economic Times

Download now »

 


 

Free Search for HOA Management Companies


Advertising Information
 Topics
Communications
Dispute Resolution
Facilities & Maintenance
Financial Matters
HOA Elections
HOA Governance
HOA Insurance
HOA Reserves
HOA Rules
Human Resources
Legal Compliance
Security
HOA Glossary
Complete Topic List

 Discussion Forum
Recent Forum Posts
· Proper Use of Capital Reserve Fund
· Are highrise Texas Condominiums HOA's included
· Reserve Investment on Tax Filing Status
· Foreclosure and bankruptcy....
· COVENANTS COVER WHAT D&O INSURANCE COVERS
· California Arbitration
· New Board Coincides with Fiscal Year?
· Results from NOT following the rules
· Nominating Committe Chair is President of HOA
· election manipulation laws
· Fees for amenity that dues cover?
· Committee Charter Template
· Declarant Resigned from the Association
· Reimburse Volunteers for material purchased
· Board of Directors Meetings
Search Discussion

 TESTIMONIALS

Here's what our readers are saying ...
 

"Your news and ideas have been a Godsend and so helpful, you can't imagine... Thanks for everything."

Saundra Ragona
Quail Ridge Owners' Association



"We really appreciate your publication. It's as if you had a spy at our meetings and over hear our gripes :). Keep up the good work."

Cynthia Ramnarace
Palmer's Landing HOA



"This is a great service."

Mark R. Benson
CAM, CMCA, AMS, PCAM
Past Chairman of the Florida Community Association Living Study Council
Past Member of the Regulatory Council of Community Association Managers
Past Vice-Chairman of the Advisory Council on Condominiums County Court Mediator



"I am a newly elect President of a small (10 units) HOA / Condo, and I am learning the business almost from scratch ... Thanks for your very valuable information."

Volodymyr (Vlad) Boryshpolov
1102 Avenue X HOA



"Thanks for all your great HOA tips! I am a new Board Secretary—your site is truly worth signing up for!"

Kathie Norris
Whispering Pines West HOA