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Of the cities listed, Myrtle Beach homeowners spent an average of $4,820 a year on their insurance—more than $400 more than the second most expensive city for homeowners insurance, Mount ...
Often, the HOA passes this ever-rising cost on to the homeowners in the form of higher monthly fees or larger one-time fees called special assessments. This jump in homeownership costs can have a ...
The Myrtle Beach area has some of the highest homeowners insurance premiums in South Carolina and the nation. In March 2024, the firm Nerdwallet released a report comparing the price of home ...
A homeowner association (or homeowners' association [HOA], sometimes referred to as a property owners' association [POA], common interest development [CID], or homeowner community) is a private, legally-incorporated organization that governs a housing community, collects dues, and sets rules for its residents. [1]
There was only one HOA without a property management company, according to the department: Brandy Mill HOA: 3 More information about complaints and the full 2024 complaint report can be viewed here .
A home insurance policy is designed to financially protect you and your home from covered perils, while HOA insurance coverage is designed to financially protect the HOA’s liability and shared ...
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