Loss Assessments

Loss Assessments

by | Jun 22, 2021 | Community, Insurance

In the Midwest, we’re all too familiar with summer storms and the damage they can cause to houses and buildings. HOA reserve funds are available for unexpected damages or emergencies, but using them could cause the association to be short on funds for future projects...

Loss Assessment Coverage

by | Mar 9, 2016 | Sharper News | 0 comments

There’s no doubt that understanding insurance coverage in an Association can be confusing. One important distinction in your personal homeowner policy (commonly called an HO6 policy) is Loss Assessment coverage. Depending on the carrier, this coverage may be...