CharlesO (Maryland)
Posts: 17
Posts: 17
Posted:
Ours is a new development. The only amenity we have so far is a small playground. In today's world, is $2,000,000 a sufficient amount of liability and BOD insurance? Thanks
A service of:
Community123.com
Professional websites for HOAs & condos, since 2004
Professional websites for HOAs & condos, since 2004
🎁 1st year FREE for HOATalk members! →
liability insurance
Started by CharlesO • 3 replies • 1206 views
💬 Join us to post & get advice from 50,000 HOA & Condo leaders.
Create Free Account →
⚡ Takes 30 seconds
Already a member? Log in
GeorgerwilliamsW (Indiana)
Posts: 975
Posts: 975
Posted:
Yes
JohnK3 (Pennsylvania)
Posts: 967
Posts: 967
Posted:
Charles,
We have $2M liability/$4M aggregate coverage. That seems to be the industry standard limits.
We have $2M liability/$4M aggregate coverage. That seems to be the industry standard limits.
SusannaM (Florida)
Posts: 366
Posts: 366
Posted:
Charles, you may also want to read a recent thread "HOA liability insurance."
🎯 You've read this entire discussion
Join the conversation with 50,000 HOA & Condo Leaders:
- ✓ Ask follow-up questions
- ✓ Share your experience
- ✓ Get expert advice
- ✓ Access 350,000 discussions
Create Free Account →
⚡ Takes 30 seconds
Already a member? Log in here