Home Insurance Option With a HOA
I am talking with a prospective client who’s buying a condo later this month. She was unware of an option on the condo insurance quotes I prepared for her which is important because her new home has a mandatory Home Owner’s Association for the complex. In fact, regardless of whether you own or are buying a home, town house, or condo with a mandatory HOA, this one option should be included with your home insurance. It’s loss assessment coverage and it can save you thousands of dollars.