Owning a condo comes with some great perks — less upkeep to worry about and access to shared amenities like pools, gyms, or common spaces. However, it also comes with financial obligations that can ...

Susheel Kesireddy was among the first people to move into a brand-new townhome community in Inver Grove Heights eight years ago. He figured his homeowners association’s insurance would cover any ...

Learn how insurance loss control uses risk management to minimize claims, reduce premiums, and ensure safety with practical strategies for policyholders.

Homeowners associations (HOAs) generally assess a fee to the HOA members, which is used to manage tasks like snow plowing, lawn mowing or maintaining public spaces. Some of the money collected may ...

In the worst-case scenario that you are unable to use your home, loss of use coverage can become essential. If your home is severely damaged by a covered peril like a fire or natural disaster, ...

The amount owed was a loss assessment notice tied to a hailstorm that happened on or around Aug. 1, 2024, the HOA stated. Residents were given until Oct. 1 to pay the $20,752.12. A group of residents ...