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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 ...
Your HOA fees help cover those nice-to-have features, but they also cover an essential must-have: a “master” insurance policy for the property. While individual owners will have a separate ...
HOA members can often add loss assessment coverage through their homeowners insurance policy. This coverage helps cover a portion of damage or loss in common areas so that you might avoid paying ...
HO-3 policies: These are the most common homeowners insurance policy type and include all the basic coverage types. The key difference between HO-3 and HO-2 policies is that an HO-3 policy covers ...
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]
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 ...
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