High Condo Insurance Rates in Texas

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.

 

Disclaimer: We are not lawyers. The information provided on this website does not constitute legal advice.

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