Homeowners’ association insurance generally designed to cover risk or damage for common area and amenities in the apartment.Homeowners association collects maintenance charge for common area or amenities in apartment and work for welfare of residents in apartment. For individual homeowners who are member of association, the scheme help to repair or replace the damage caused to building or building structure such as roof, gutters, pool, etc.Homeowners’ association insurance works for minimize damage for building or structure and minimize any possibility of financial loss from an event, peril or single activity.

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