hoaconnection

HOA Insurance: Is Your Coverage Sufficient?

Insurance brokers are one of an HOA’s most important vendors, yet they are often ignored until claims arise. This mistake can be costly.Insurance is a contract in which the insurer accepts a fee (“premium”) and in return agrees to pay for certain incidents of damage (property insurance) or claims of liability (casualty insurance). Because insurance …

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Potential Sacramento Legislation: Here Are The Good Bills

In typical years the Legislature considers a handful of bills concerning HOAs, but 2021 is an unusually heavy year. There are at least 20 bills pending that reference or directly affect common interest developments. Many are technical, but a handful of bills propose to make significant changes (some good and some bad) to California associations. …

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