The Townhouse Association Master Policy
Posted in Related Topics by: AdministratorJuly 5th, 2008
An association master policy is a single package policy which your townhouse association may get to ensure all the buildings and common elements within. It would be the best choice not to mention economically profitable. The policy can be covered three ways:
• Basic buildings including walls, roof, floors and elevators, but you will be responsible to insure appliances, cabinets, carpeting and any other items in your unit including wall covering and interior walls.
• Both the basic buildings and the items within your unit besides personal property.
• Both basic buildings including the improvements and fixtures by the owner of the unit.