Condo Q&A

HOA Master insurance was canceled and the new one is 120% higher

Written by CondoAssociation.com | Mon, Sep 18, 2023 @ 02:30 PM

This question is submitted by Tom T. out of Indiana

Our Master HOA insurance was canceled by Nationwide. Has this happened to others? Our new Insurance is 120% higher and we are aggressively seeking lower-cost policies. Any suggestions including how to lower the "rebuild valuation"? Thanks for your help.



 

 

Thoughts?