Question:
today i recvd email from hoa raising community insurance up 300% from 800/yr to 2500/yr on our condos–anything we can do about this—thank you
– Michael
Answer:
Hi Michael,
Insurance rates can fluctuate, and it is possible that your HOA’s provider raised its premiums for your association’s policy/ies. As a homeowner, you are obligated to pay HOA dues to meet the budget of the association.
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