Legal Question in Insurance Law in California
hoa do we have to carry earthquake insurance
hoa do we have to carry earthquake insurance 20 units
Asked on 11/14/06, 11:30 am
1 Answer from Attorneys
Steven Murray
Steven W. Murray, APC
Re: hoa do we have to carry earthquake insurance
Not by law, but perhaps by a lender in a trust deed or mortgage. What do the bylaws require? But if you are a board member, consider having an open meeting and vote with all unit owners to decide not to buy it. Then there is less chance of problems afterwards if there is any damage which is uninsured.
Answered on 11/15/06, 11:13 am
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