Questions regarding Eldorado Association Insurance, please email Mike Semsch at: ehamnboard@gmail.com If Mike is unavailable, please contact Mark Powell.
Eldorado's Annual insurance premium is due the end of July and each homeowner is assessed for this in June/July.
Eldorado's Annual insurance premium is due the end of July and each homeowner is assessed for this in June/July.
| el_dorado_insuance_letter_july_2020.pdf |
"Walls In" a town home unit coverage is Required By Many Lenders. A HO-6 policy is like a regular homeowner's policy, but for a town home unit and with a lot more extras. HO-6 insurance policies cover the interior of the unit and personal property inside-commonly known as "studs in" or "walls in" coverage.
Another benefit of obtaining an HO-6 policy is that in certain situations, it will provide GAP coverage caused by the often high deductibles on the master insurance policy. The unit owner is responsible for losses falling below the deductible. A well-tailored HO-6 policy will protect you in this situation.
Another benefit of obtaining an HO-6 policy is that in certain situations, it will provide GAP coverage caused by the often high deductibles on the master insurance policy. The unit owner is responsible for losses falling below the deductible. A well-tailored HO-6 policy will protect you in this situation.
