Is Homeowners Insurance Included In Association Fees?

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   Drew Delaney, J.D., CLCS

   Commercial Lines Producer, Secure Investors Group, INC, Troy, Michigan

   More than likely not.
   
   I am not sure which type of association you are referring to:  condo versus homeowners. 
   
   If it is a condo association, then part of your association fees will go towards the master policy.  The master policy covers the building from the walls out and common areas.  It is rare that association fees will go towards an individual unit condo policy (HO-6).  
   
   If it is a homeowners association, then the fees go towards the board, common area maintenance and insurance for the common areas.  All home owners are required to purchase their own homeowners policy (HO-3). 
   
   I hope this helps.

   Answered on October 31, 2013

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