<html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns:m="http://schemas.microsoft.com/office/2004/12/omml" xmlns="http://www.w3.org/TR/REC-html40">
<head>
<meta http-equiv="Content-Type" content="text/html; charset=us-ascii">
<meta name="Generator" content="Microsoft Word 14 (filtered medium)">
<style><!--
/* Font Definitions */
@font-face
{font-family:Calibri;
panose-1:2 15 5 2 2 2 4 3 2 4;}
@font-face
{font-family:"Book Antiqua";
panose-1:2 4 6 2 5 3 5 3 3 4;}
@font-face
{font-family:"Berlin Sans FB";
panose-1:2 14 6 2 2 5 2 2 3 6;}
/* Style Definitions */
p.MsoNormal, li.MsoNormal, div.MsoNormal
{margin:0in;
margin-bottom:.0001pt;
font-size:12.0pt;
font-family:"Times New Roman","serif";}
a:link, span.MsoHyperlink
{mso-style-priority:99;
color:blue;
text-decoration:underline;}
a:visited, span.MsoHyperlinkFollowed
{mso-style-priority:99;
color:purple;
text-decoration:underline;}
p.msonormal0, li.msonormal0, div.msonormal0
{mso-style-name:msonormal;
mso-margin-top-alt:auto;
margin-right:0in;
mso-margin-bottom-alt:auto;
margin-left:0in;
font-size:11.0pt;
font-family:"Calibri","sans-serif";}
span.EmailStyle18
{mso-style-type:personal;
font-family:"Berlin Sans FB","sans-serif";
color:#1F497D;}
span.EmailStyle19
{mso-style-type:personal;
font-family:"Calibri","sans-serif";
color:windowtext;}
span.EmailStyle20
{mso-style-type:personal;
font-family:"Calibri","sans-serif";
color:windowtext;}
span.EmailStyle21
{mso-style-type:personal-reply;
font-family:"Calibri","sans-serif";
color:#1F497D;}
.MsoChpDefault
{mso-style-type:export-only;
font-size:10.0pt;}
@page WordSection1
{size:8.5in 11.0in;
margin:1.0in 1.0in 1.0in 1.0in;}
div.WordSection1
{page:WordSection1;}
--></style><!--[if gte mso 9]><xml>
<o:shapedefaults v:ext="edit" spidmax="1026" />
</xml><![endif]--><!--[if gte mso 9]><xml>
<o:shapelayout v:ext="edit">
<o:idmap v:ext="edit" data="1" />
</o:shapelayout></xml><![endif]-->
</head>
<body lang="EN-US" link="blue" vlink="purple">
<div class="WordSection1">
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D">Listmates:<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D">I am trying to better understand the interplay between condo unit owners’ property insurance coverage and an HOA’s master policy. What happens if the HOA’s
policy limits are not adequate and a casualty cannot be fully addressed? For example, the HOA’s coverage limits do not cover reconstructing the condo building in the event of a destructive fire. I know the condo unit owners carry, or should carry, loss
assessment coverage, but I also suspect that most owners do not carry enough loss assessment coverage to address a major event. If anyone is willing to spend a few minutes on the phone with me I would appreciate a mini tutorial. OR if you are able to refer
to me to a treatise or great article I would appreciate the referral. I have consulted the internet and have yet to find guidance that is comprehensive (or not written by folks who want to sell you more insurance).
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D">Thank you for your wisdom, which seem to me to be boundless on this listserv.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D">Katherine<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D"><o:p> </o:p></span></p>
<div>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-size:10.0pt;font-family:"Book Antiqua","serif";color:black">Katherine Kramer Laird</span><span style="color:#1F497D">
<br>
</span><span style="font-size:10.0pt;font-family:"Book Antiqua","serif";color:gray">CenturyPacific, LP</span><span style="color:#1F497D">
<br>
</span><span style="font-size:10.0pt;font-family:"Book Antiqua","serif";color:gray">Suite 1680</span><span style="color:#1F497D">
<br>
</span><span style="font-size:10.0pt;font-family:"Book Antiqua","serif";color:gray">1201 Third Avenue</span><span style="color:#1F497D">
<br>
</span><span style="font-size:10.0pt;font-family:"Book Antiqua","serif";color:gray">Seattle, WA 98101</span><span style="color:#1F497D">
<br>
</span><span style="font-size:10.0pt;font-family:"Book Antiqua","serif";color:gray">Ph. 206-757-8892/Mobile. 206-915-0109</span><span style="color:#1F497D">
<br>
</span><span style="font-size:10.0pt;font-family:"Book Antiqua","serif";color:gray">Fax 206-757-7890</span><span style="color:#1F497D">
<br>
</span><span style="font-size:10.0pt;font-family:"Book Antiqua","serif";color:gray"><a href="mailto:katherinelaird@centurypacificlp.com"><span style="color:blue">katherinelaird@centurypacificlp.com</span></a></span><span style="font-size:10.0pt;font-family:"Book Antiqua","serif";color:black"> <o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-size:10.0pt;font-family:"Book Antiqua","serif";color:black"> </span><span style="color:#1F497D">
<o:p></o:p></span></p>
</div>
</div>
</body>
</html>