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INSURANCE
Every owner needs to obtain an individual (H06) insurance policy. Insurance rules require that the homeowner pays the $25,000 master policy deductible when a claim results from a problem that originated in their unit.
On November 1st 2023, the insurance master policy deductible owners are required to pay in the event of a loss increased from $10,000 to $25,000 dollars. This means you should have a minimum of $25,000 “loss assessment” coverage, and possibly more building coverage if you have personal property or improvements in your unit. Please contact your insurance agent for more information on your policy. You may also contact our carrier Erie for a quote:
Brandi Freitas
(703) 451-5900
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