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RW (California)
Posts: 1
Posted:
I am the new HOA Treasurer of a California non-profit mutual benefit corpotration with 9 Directors responsible for managing seven Gated entrances(3 with Guards), Streets, 3 Guardhouses, perimeter walls and community Security operations within a 1305 home/condo units located in Southern California. Our current premium for $1,000,000 General Liability and $1,000,000 Directors & Officers, $50,000 Fidelity Bond is $19,000 per year.
I feel this is outrageous and would like other directors to state what they are paying for similar coverage. Anyone paying substaintially lower, send me the Insurance Company's name and phone number at my email: [email protected]. This would be sincerely appreciated! Zeke W.
RogerB (Colorado)
Posts: 5,067
Posted:
RW, if you have not had a claim the past 3 years call a State Farm agent who specializes in this area and ask for a quote.

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