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8.15.4 Liability Insurance
The HOA must have a comprehensive policy of public liability insurance, covering all the common elements, commercial spaces, and public ways in the condominium project. The insurance policy must contain a severability of interest endorsement,...

Resources > FAQ > CHAPTER-8-FILE-DELIVERY > 8-15-1-Coverage > 8-15-4-Liability-Insurance

8.15.5 HO 6/Walls In
All attached projects, including two to four units, must also contain a walls-in hazard insurance coverage policy (commonly known as HO-6/Walls-In) unless there is proof that the master/blanket insurance policy of the HOA covers the interior of the...
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Resources > FAQ > CHAPTER-8-FILE-DELIVERY > 8-15-1-Coverage > 8-15-5-HO-6-Walls-In

8.15.6 HO 6/Walls In Coverage
Coverage amounts must conform with FHA, VA, Ginnie Mae, Fannie Mae, Freddie Mac and USDA requirements.

Resources > FAQ > CHAPTER-8-FILE-DELIVERY > 8-15-1-Coverage > 8-15-6-HO-6-Walls-In-Coverage

8.15.7 HO 6/Walls In Deductible
The maximum allowable deductible must conform with FHA, VA, Ginnie Mae, Fannie Mae, Freddie Mac and USDA requirements. When a policy provides for a separate wind loss deductible, or if a second policy for wind loss is obtained the maximum deductible...
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Resources > FAQ > CHAPTER-8-FILE-DELIVERY > 8-15-1-Coverage > 8-15-7-HO-6-Walls-In-Deductible

8.17 Flood Insurance
Any property that has any part of a building, dwelling, structure, improvement, or land situated in a Special Flood Hazard Area (SFHA) requires flood insurance. These are all areas in A or V flood zones.
Flood zone on the flood determination...
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Resources > FAQ > CHAPTER-8-FILE-DELIVERY > 8-17-1-Coverage > 8-17-Flood-Insurance