Issue Briefs Homeowner Associations and Property Insurance A homeowner association (HOA) must obtain insurance to cover common elements such as physical property and liability. Unit owners within an HOA also purchase insurance to cover the homeowners’ private property, parts of the unit not covered by the HOA’s policy, and liability. This issue brief outlines insurance coverage for HOAs and unit owners, circumstances contributing to the cost of insurance, and current laws that address insurance issues. Release date: 2024-11-15 Publishing Agency: Legislative Council Staff Subjects: Business & Economic Development Housing Insurance Download File
Issue Briefs Insurance Guaranty Funds This issue brief provides an overview of state laws related to insurance guaranty funds. Insurance guaranty funds are designed to avoid excessive delays in payment and financial losses to insurance claimants or policyholders because of the insolvency of an insurer. Release date: 2017-05-03 Publishing Agency: Legislative Council Staff Subjects: Insurance Download File
