April 7, 2017

Insurance Coverage Reminder

Spring is in the air! A great time to review Insurance coverages on your Summit County Property.

For many Associations, the annual HOA insurance policy renewed April 1, and there are no major coverage changes. It is a good idea to talk with your agent to check that all of your unit coverages are up to date. As units are remodeled and equipped with new furniture and additional belongings, your insurance needs and limits may change. Your agent can review your individual unit owner policy (often referred to as an “HO6” policy) to ensure your coverages are adequate. If you rent, be sure to let your agent know. “Deductible assessment coverage” is also a coverage to discuss with your agent. Should you have any questions with regard to the coverages in place for your HOA, please call Summit Resort Group!