Tag: condo insurance

How Insurance Protects HOAs and Condo Associations

Homeowners associations (HOAs) and condominium associations play a critical role in maintaining and managing shared communities—but with that responsibility comes risk. From slip-and-fall accidents in common areas to claims of mismanagement or…

Market Trends: Rising Home Insurance Rates

Home insurance prices fluctuate based on your home’s location, value, age and construction materials. The national average for home insurance is around $2,614 per year for $250,000 in dwelling coverage, according to…

What Is Additional Living Expenses Insurance?

Whether you’re a homeowner, condo owner or renter, your home insurance policy likely includes a section on additional living expenses (ALE). This is where you will find the kinds of costs your…