INSURANCE | Fairway View Condomi

The association provides a master policy that covers the common areas, all perils for your unit (walls, floors, roof, plumbing, electrical) and improvements you have made inside your unit.

You need to provide the following insurances:

-coverage for your personal belongings (furniture, clothing, appliances, etc)

-an additional $50,000 coverage for damage to other units/common areas (due to things like water damage) this is required by the association by-laws (see pdf's to the right)

-a possible stand-alone earthquake policy to cover loss of use, temporary housing (the association policy pays for damage to the unit)

WHAT TYPES OF INSURANCE DO I NEED TO PROVIDE FOR MY UNIT
PLEASE NOTE THAT IN MANY OF THESE DOCUMENTS IT STATES THE COVERAGE FOR DAMAGE TO UNITS IS $25000. AS OF NOVEMBER 2025 THAT AMOUNT HAS BEEN INCREASED TO $50000.

Click the PDF symbol to see the insurance certificate for the association.

Click the PDF symbol to see the board instructions requiring owners to maintain insurance to cover the association deductible. Amount of coverage required has been increased from $25000 to $50000

Click on the PDF symbol to view the letter from the insurance carrier regarding the changes to the deductible amount. Amount of coverage required has been increased from $25000 to $50000

Click on the PDF symbol to see a summary of insurance coverage. The amount of coverage required has been increased from $25000 to $50000

WHAT TYPES OF INSURANCE DO I NEED TO PROVIDE FOR MY UNIT PLEASE NOTE THAT IN MANY OF THESE DOCUMENTS IT STATES THE COVERAGE FOR DAMAGE TO UNITS IS $25000. AS OF NOVEMBER 2025 THAT AMOUNT HAS BEEN INCREASED TO $50000.

WHAT TYPES OF INSURANCE DO I NEED TO PROVIDE FOR MY UNIT
PLEASE NOTE THAT IN MANY OF THESE DOCUMENTS IT STATES THE COVERAGE FOR DAMAGE TO UNITS IS $25000. AS OF NOVEMBER 2025 THAT AMOUNT HAS BEEN INCREASED TO $50000.