HOA Insurance Deductible Increased? Here’s What Every Condo Owner Should Know
Receiving a letter from your homeowners association (HOA) saying that the community’s insurance deductible has increased can be unsettling. If you’ve recently been informed that your HOA is raising its insurance deductible from a few thousand dollars to $15,000 or even more, you’re probably wondering how this affects you. Does it mean you’ll have to…