Why You Want Loss Assessment Coverage

If you live in a condo it is likely that you have a homeowners association (HOA) as an insurance policy which will cover things that happen in the common areas (areas outside of your personal unit). If so, they why would you need loss assessment coverage? There are times when you will need it and actually when you will be thrilled to have loss assessment coverage.

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How Is Condominium Owner’s Insurance Different From Renter’s Insurance?

Condominium Owner’s Insurance sounds simple enough, but it also a bit complex. [Read more…]