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@lenderbradford
16 күн бұрын
With the current concern about home owners insurance, how much does not properly funding reserves affect the insurance premiums. Or could increasing the deductible significantly affect the HOA premium.
@reservestudies
15 күн бұрын
The size of the effect will be on a case-by-case basis. The point is that there is a reward to being fiscally responsible and funding your Reserves. It has multiple payoffs, including higher home values, lower incidence of special assessments, and to this point, lower insurance premiums. Do the fiscally responsible thing, and good things happen.
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