Renting Condos (and Homes) to Others
Most likely, many of you have insureds who own a vacation home or condo that is rented out much of the time. Most of you have insureds who might buy…
Condo Issues
Condos, Binders and “Walls In” Coverage
The VU “Ask an Expert” service has been made aware of a number of requests from the lenders of condo unit owners who want to be named as mortgagees on…
More HO Loss Assessment Misunderstandings
Can a condo association assessment for a deductible be paid by the HO policy without the entire association being assessed? An agent reports that one company will not pay unless…
Homeowners’ Associations
It’s very unlikely that many purchasers of a townhome or a stand-alone home in an association ever consider the insurance implications of such purchases. Only when it’s time for the…
