Your HOA Board Needs D&O Insurance!
If you serve on a homeowners association (HOA) board—or are considering it—then you need to know about Directors and Officers (D&O) Liability insurance. While your HOA has general liability insurance, this does not mean that you are personally covered from claims made against you while serving on your association’s board.
But D&O insurance does. This type of liability insurance covers directors and officers in their individual or group capacity as acting board members against third-party financial damages...
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