02127 condo insurance

SOUTH BOSTON, DORCHESTER CONDO OWNERS POLICY VS. HOA MASTER POLICY Anyone who owns a Condo or Townhouse should be aware that their personal possessions, personal liability and upgrades to the unit may not be covered under the Condominium Master Insurance Policy and therefore they will need to take out their own Condominium Unit Owners Policy. […]

Condo Association Directors & Officers Liability Being elected to serve on the board of your condo association can be viewed as a great honor or a dreadful burden. Those who look for the positive in any new situation will focus on the fact that their neighbors have confidence in their leadership abilities. Those who view […]

HO6 Condo Policies HO6 : Homeowner Condominium Insurance Condo Dwelling Coverage Insurance companies offer Dwelling Coverage, which generally insures the interior walls, drywall, wallpaper, paneling, flooring, carpeting, or built-in cabinets. This is the coverage you need to cover your part of the building; the unit you own. As a condo association, you all take responsibility and ownership […]

 Massachusetts Condo Insurance HO-6  “Walls In” Coverage and when does a Borrower need it? MA “Walls In” coverage is also called MA Condo Insurance HO-6 coverage.   Fannie Mae requires that lenders verify that Hazard Insurance for all common interest developments including PUD’s and condominium projects with attached units covers fixtures, equipment, and other personal property inside individual units.  The […]

What is Directors & Officers Insurance? Directors & Officers Liability insurance provides financial protection for the directors and officers of your company in the event they are sued in conjunction with the performance of their duties as they relate to the company and or for Trustees of Master Condo Associations Insurance Policies.  Think of Directors & […]