*Loan,banking and credit>>>homeowner insurance

Is it nessasary for in house homeowners association to have a lawyer and insurance?

I would say yes to both. For one if the association has employess there are a number of insurances they need. Also, insurance is needed if something happens to a member or guest on their property or while using amenities like the pool. Where there is need for insurance you always have lawyers.

Not sure what a "in house homeowners association" is but if it's like a condominium association or an association that covers a collection of houses in a development.
An attorney and insurance are not required by law.
Is operating without them the stupidest thing you could possibly do, ever in your entire life. Yes
They don't need to have a lawyer unless they are taking legal action, or defending against legal action; but I've NEVER seen a set of bylaws that didn't require that the association has it's own liability coverage. It's ALWAYS mandatory.
agent, 21+ years

Tags

auto insurance car insurance automobile insurance boat insurance burial insurance homeowner insurance house insurance contents insurance liability insurance life insurance disability insurance

Related information

Is it nessasary for in house homeowners association to have a lawyer and insurance?

Will it get to a point where coastal homeowners won't be able to get insurance?

Who here would like to colaborate on a homeowners/dwelling software offering. You MUST have insurance exp.?

Insurance- please help! If no flood insurance, and a friend helps with the basement, does homeowners' cover i

I am an insurance agent and want to know what company I should get contracted with to sell homeowners ins?

My cat jumped me, knocking me to the floor, breaking my arm, Can I use my homeowners insurance to cover this?

If a tree falls on your house property and your vehicle would both be covered by homeowners insurance?/?

SiteMap--Copyright/IP Policy--Contact Webmaster
For personal non-commercial use only.