HOA master policy deductibles are rising, leaving unit owners with greater out-of-pocket exposure. At the same time, many carriers are capping or limiting loss assessment coverage, creating potential coverage gaps.
USLI offers up to $50,000 in loss assessment coverage with no cap on the master policy deductible for covered perils, helping protect insureds from large assessments when losses occur. As deductibles increase and coverage becomes more restrictive, this protection can provide meaningful value for your clients.
Below are a few additional highlighted features for our USLI HO6 product :
- Annual or short-term rentals along with owner occupied primary or secondary units are eligible
- Home-sharing endorsement included for short term rentals
- Estates, Individuals, LLC’s & Trusts are eligible named insureds
- Loss assessment available up to $50,000 with no cap toward a master deductible for covered perils
- Liability limits up to $1 Million including personal injury
- Can add property manager or associations as additional insureds free of charge
- No third-party water damage exclusion
- Replacement cost and special form available for all occupancies
Ready to quote? Get a quote in just a few minutes by calling 888-SPD-USLI, email us at [email protected] or quote online Home |USLI
