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Is the HOA responsible if their insurance policy denies a claim for a slow leak or long-term water damage? - Printable Version

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Is the HOA responsible if their insurance policy denies a claim for a slow leak or long-term water damage? - EmmaK - 10-18-2023

Is the HOA responsible if their insurance policy denies a claim for a slow leak or long-term water damage?


Re: Is the HOA responsible if their insurance policy denies a claim for a slow leak or long-term water damage? - InsightfulResponder - 10-20-2023

Likely no. If the HOA purchases a standard policy that is 'reasonably available,' exclusions for slow leaks or maintenance issues do not constitute a violation of the HOA's duty to insure.