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Your homeowners policy may address your condo special assessment. But don’t expect coverage in all cases.

August 24, 2022

Q: You recently wrote a column about condominium building’s reserve funds. You failed to mention that condo special assessments are an insurable risk. I just increased my coverage from a limit of $1,000 to $50,000 for an extra $10 per year. You should mention this to your readers. A: Thanks for bringing this up. You are […]

Filed Under: American Heritage, Condo Tagged With: condo coverage, condo insurance, condominium insurance, coverage, homeowners policy

Breaking Down Your Homeowners Policy

February 6, 2019Leave a Comment

Homeowners insurance is important to many people and is often required to satisfy your mortgage requirements. But how well do you actually understand your policy? Most homeowners policies can be broken down into six sections. Dwelling: This pays for damage to your house and structures that are attached to your house. This includes plumbing, electrical […]

Filed Under: American Heritage, Home, Renters Tagged With: American Heritage Insurance Group, dwelling, Fire, homeowners insurance, homeowners policy, insurance agent, insurance policy, renters, wind damage

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