{"id":999,"date":"2015-03-17T10:27:06","date_gmt":"2015-03-17T16:27:06","guid":{"rendered":"http:\/\/gpmcha.org\/?p=999"},"modified":"2015-03-17T10:27:06","modified_gmt":"2015-03-17T16:27:06","slug":"mandatory-homeowners-insurance","status":"publish","type":"post","link":"https:\/\/gpmcha.org\/?p=999","title":{"rendered":"Mandatory Homeowners Insurance"},"content":{"rendered":"

We still do not have proof of cost-to-replace insurance (Renters or Condo insurance is not sufficient) on a number of properties, despite having sent several notices and warning letters.<\/p>\n

We will continue to impose fines (which are classified as Assessments) on those homeowners who either cannot or will not provide the required proof they have the mandatory coverage specified in our Declaration. As a reminder, all assessment fines left unpaid are added to member accounts and will result in an Assessment Lien on your property.<\/p>\n

While we are reluctant to place significant fines against homeowners, they must understand that as homeowners in this HOA, they must have proper home insurance and demonstrate that they do. Fines can be assessed at $250 per week and $1000 per month for any violation of our Declaration (see Fines and Enforcement Policy).<\/p>\n","protected":false},"excerpt":{"rendered":"

We still do not have proof of cost-to-replace insurance (Renters or Condo insurance is not sufficient) on a number of properties, despite having sent several notices and warning letters. We will continue to impose fines (which are classified as Assessments) on those homeowners who either cannot or will not provide the required proof they have..<\/p>\n

Read more <\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[120],"tags":[64,81,82],"class_list":["post-999","post","type-post","status-publish","format-standard","hentry","category-homeowners-insurance","tag-fines","tag-homeowners","tag-insurance"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":919,"url":"https:\/\/gpmcha.org\/?p=919","url_meta":{"origin":999,"position":0},"title":"Required “Cost to Replace” Homeowners Insurance","author":"Don Ryan","date":"February 1, 2015","format":false,"excerpt":"As most of our homeowners are now aware, the HOA's Declaration (CC&R) requires proof that you have a \"cost to replace\" policy on your home. This level of insurance has been a requirement of our Declaration since this subdivision came into being in 1970 or 1971.\u00a0 To date, about 75%\u2026","rel":"","context":"In "Homeowners Insurance"","block_context":{"text":"Homeowners Insurance","link":"https:\/\/gpmcha.org\/?cat=120"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3075,"url":"https:\/\/gpmcha.org\/?p=3075","url_meta":{"origin":999,"position":1},"title":"Property Insurance Info Required","author":"Don Ryan","date":"June 24, 2018","format":false,"excerpt":"\u00a0 We still have a large number of homeowners who have not provided us with their current insurance information.\u00a0 We need a copy of your insurance renewal each and every year. Just telling us it renewed is insufficient and does not fulfill your requirement to provide proof of cost to\u2026","rel":"","context":"In "Homeowners Insurance"","block_context":{"text":"Homeowners Insurance","link":"https:\/\/gpmcha.org\/?cat=120"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gpmcha.org\/wp-content\/uploads\/2018\/06\/Insurance-postcard.jpg?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gpmcha.org\/wp-content\/uploads\/2018\/06\/Insurance-postcard.jpg?resize=350%2C200 1x, https:\/\/i0.wp.com\/gpmcha.org\/wp-content\/uploads\/2018\/06\/Insurance-postcard.jpg?resize=525%2C300 1.5x"},"classes":[]},{"id":730,"url":"https:\/\/gpmcha.org\/?p=730","url_meta":{"origin":999,"position":2},"title":"Homeowners Insurance Requests","author":"Don Ryan","date":"November 10, 2014","format":false,"excerpt":"It's been over 45 days since we sent out notices to all homeowners asking for proof of cost-to-replace insurance on all properties within the Association, which is a requirement in our Declaration of CC&R.\u00a0 To date, we have received less that 50% response to this request, which is unacceptable. We\u2026","rel":"","context":"In "Homeowners Insurance"","block_context":{"text":"Homeowners Insurance","link":"https:\/\/gpmcha.org\/?cat=120"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":530,"url":"https:\/\/gpmcha.org\/?p=530","url_meta":{"origin":999,"position":3},"title":"Homeowners Insurance Policies","author":"Don Ryan","date":"August 23, 2014","format":false,"excerpt":"Our Declaration of Covenants, Conditions and Restrictions requires that we have current and accurate copies of each owners insurance policy, as stated below (in part): 5.2 Individual Insurance. By virtue of taking title to a Lot, each Owner acknowledges that the Association has no obligation to provide any insurance for\u2026","rel":"","context":"In "Information"","block_context":{"text":"Information","link":"https:\/\/gpmcha.org\/?cat=3"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3760,"url":"https:\/\/gpmcha.org\/?p=3760","url_meta":{"origin":999,"position":4},"title":"Homeowners Insurance","author":"Don Ryan","date":"January 7, 2020","format":false,"excerpt":"It is that time again, where homeowners need to submit the Declaration Page of your insurance renewal for 2020. This is required by the Declaration (CC&R), section 5.2, which requires \"cost-to-replace\" insurance on your property. Owners and\/or your insurance agent can email or fax these to the Office. Email address\u2026","rel":"","context":"In "Homeowners Insurance"","block_context":{"text":"Homeowners Insurance","link":"https:\/\/gpmcha.org\/?cat=120"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2135,"url":"https:\/\/gpmcha.org\/?p=2135","url_meta":{"origin":999,"position":5},"title":"Homeowners Insurance","author":"Don Ryan","date":"December 27, 2016","format":false,"excerpt":"\u00a0 Please remember to bring in your Homeowners Insurance renewal Declaration page for 2017 to the Office so we can add a copy of it to your member records.\u00a0 It is a requirement of the CC&R and protects both you and the HOA. \u00a0","rel":"","context":"In "Homeowners Insurance"","block_context":{"text":"Homeowners Insurance","link":"https:\/\/gpmcha.org\/?cat=120"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gpmcha.org\/wp-content\/uploads\/2016\/12\/index.jpg?resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/gpmcha.org\/index.php?rest_route=\/wp\/v2\/posts\/999","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gpmcha.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gpmcha.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gpmcha.org\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/gpmcha.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=999"}],"version-history":[{"count":1,"href":"https:\/\/gpmcha.org\/index.php?rest_route=\/wp\/v2\/posts\/999\/revisions"}],"predecessor-version":[{"id":1000,"href":"https:\/\/gpmcha.org\/index.php?rest_route=\/wp\/v2\/posts\/999\/revisions\/1000"}],"wp:attachment":[{"href":"https:\/\/gpmcha.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gpmcha.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gpmcha.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}