California Home Insurance

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Questions about a home insurance policy?
Ask Jim Kelley Insurance Agency - insurance@jkelleyinsurance.com

Calabasas Resident asks:

Hi Jim, Our HOA is discussing the requirement of all unit owners in our association to have fire insurance. Because of the multifamily setting, if one unit were to burn, it could potentially burn an entire building of 7 units or more if the fire were to spread to neighboring buildings. The HOA insurance covers structure only, and would not cover the liability of damage to theone's own personal property or that of any neighbors affected. What types of policies are available?

Jim Kelley Insurance responds:

A HO6 Condo/Townhouse Unit Owners Policy would insure the inside of the unit to include: Interior
Building Improvement or upgrades like walls, flooring, counter tops, cabinets, etc., Interior
Appliances, Personal Property/Contents, Loss of Use(relocation money), Liability(slip and fall and
damage to neighboring units caused by your unit) and Guest Medical. Also available is Loss
Assessment Coverage (your portion of the HOA insurance deductible or covered loss to a common
building), Earthquake & Flood Insurance.

Let me know if you or any of your neighbors are interested and I can get you a quote.

Sincerely,

Jim Kelley
Kelley Insurance Agency
License #0725414
818 735 4959 / 818 735 9931 Fax