Our condominium had a catastrophic loss to our insurance company for an act of nature. We were told that upon our renewal that the Master Policy deductible will increase from $5,000 to $25,000. Currently, the HO-6 policy for the homeowners only covers a $5,00 deductible payout to the association to cover the Master Policy deductible, which will soon be insufficient. Can the Board require that all homeowners now carry a min $25,000 payout on their HO-6 to cover the Master Policy deductible? Otherwise the condo would have to pretty much self-insure for the remainder, and we couldn't afford to do and most people don't have an extra $25,000 in cash lying around. Has anyone else had this issue or something similar? What options or suggestions can anyone provide?