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For example, if a visitor slips on an icy walkway in a neighborhood park, the insurance coverage might pay for legal or medical fees. HOA insurance can protect all the members of the HOA from ...
Increases in home-insurance costs mean that HOA fees are on the ... (14.6 percent); Sacramento, California (13.1 percent); and Atlanta (12.2 percent). ... you may want to inquire about ways to pay ...
For example, if someone’s insurance covers $100,000 for a property, the insurance company might cover another $20,000 — or 20% — in additional living expenses, Collins said.
These policies, also known as condo insurance, typically cover the interior of your unit, personal property, personal liability, guest medical payments and loss of use.
Between 2020 and 2022, insurance companies declined to renew 2.8 million homeowner policies in the state, according to the most recent data from the California Department of Insurance.
Insurance is a capital-intensive business with thin profit margins, and many insurers have been hemorrhaging money in California in recent years as wildfires intensify. 2018’s Camp Fire in ...
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