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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 ...
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]
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 ...
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 ...
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 .
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