Shifting to EQI for HOAs

With around only 10% of Californians carrying earthquake insurance (EQI) and much fewer than that percentage with EQI who live in homeowner associations (HOAs), the issue is both a hot topic and neglected issue for many California Homeowners. However, because the issue is particularly dicey in common interest developments (CIDs), inspection and awareness of the issue from the perspective of those who manage these locations, should be considered. That's why we chose to inspect the following: Brad Watson, CMCA, AMS, is president of Property Management Professionals LLC in Los Angeles, an accredited association management company. This column contains general information about HOA practices and does not represent the specific CC&Rs of each HOA or replace the advice of an attorney.



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