CERTIFICATE OF INSURANCE
EACH MEMBER OF THE ASSOCIATION HAS BEEN MAILED A COPY OF THE CERTIFICATE OF INSURANCE! If you have not received a copy click here to contact management
IT IS IMPORTANT THAT YOU MAINTAIN YOUR OWN PERSONAL INSURANCE!
EACH HOMEOWNER SHOULD HAVE THEIR OWN INDIVIDUAL "EARTHQUAKE POLICY", LOSS ASSESSMENT, BUILDING PROPERTY, PERSONAL PROPERTY, PERSONAL LIABILITY, ETC. (TO NAME A FEW). CONTACT YOUR OWN INSURANCE AGENT TO MAKE SURE YOU HAVE THE INSURANCE COVERAGE YOU NEED! YOU OWN YOUR UNIT FROM GROUND TO ROOF, SO IF SOMETHING OCCURS IN YOUR UNIT I.E. FLOOD, IT IS YOUR RESPONSIBILITY NOT THE ASSOCIATIONS.
IT HAS BEEN THE POLICY OF THIS ASSOCIATION, SINCE IT'S INCEPTION THAT ALL CLAIMS MUST BE APPROVED BY THE BOARD OF DIRECTORS BEFORE THEY ARE SUBMITTED TO OUR INSURANCE CARRIER. THIS POLICY HAS ALLOWED US TO MAINTAIN VERY LOW HOA DUES, AND OUR INSURANCE YEAR IN AND YEAR OUT HAS REMAINED LOWER THAN MOST OTHER ASSOCIATIONS DUE TO THE LOW INCIDENT OF NUISANCE CLAIMS. WE MAINTAIN A HIGH DEDUCTIBLE TO INSURE THAT INDIVIDUAL OWNER CLAIMS GO THROUGH THEIR CARRIER, AND ARE NOT CLAIMED THROUGH THE ASSOCIATION, WHICH CAN RESULT IN EVERYONES DUES BEING RAISED AND/OR ASSOCIATION INSURANCE BEING CANCELLED DUE TO TOO MANY CLAIMS.
THE BOARD OF DIRECTORS OF YOUR ASSOCIATION AGGRESSIVELY FIGHT ANY PERSON OR PERSON(S), TRYING TO USE THE ASSOCIATION AS A DEEP POCKET FOR THEIR OWN PERSONAL NEEDS, WHICH WE ALL END UP PAYING FOR!
PLEASE CONTACT YOUR INSURANCE AGENT OR THE ASSOCIATION INSURANCE AGENT TO MAKE SURE YOUR INDIVIDUAL POLICY COVERS THE DEDUCTIBLE OR OTHER POTENTIAL COSTS.