Condominiums — more commonly referred to simply as condos — have appeal if you want to enjoy the perks of homeownership without the responsibilities of major maintenance tasks like repairing a roof.
Securing insurance is an important part of buying a home. Home insurance provides financial protection to homeowners in the event of a covered loss, such as a house fire or an injury to a guest.
Condo assessment insurance helps cover unexpected fees your HOA charges for shared property damage or liability that exceeds the master policy limits. Read more at: Insure.com ...
If you own a condominium or plan on buying one, understanding condo insurance will help make the experience less stressful. Condo – short for condominium – insurance coverage works in tandem with the ...
Aug. 02--Getting insurance for a condo is a lot different from buying a policy for a single-family house, and it can be pretty confusing for many new condo owners, especially when it comes to insuring ...
Q: Our condo is raising our monthly assessments again, this time claiming that the building’s insurance went up. Since our building has insurance, we are not sure why we need to have our own policy ...
Homeowners associations (HOAs) generally assess a fee to the HOA members, which is used to manage tasks like snow plowing, lawn mowing or maintaining public spaces. Some of the money collected may ...
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