New HOA Master Insurance Policy Deductible

Dear Brentwood Pointe II Homeowners,

Please note that the HOA’s master insurance policy deductible has increased from $5,000 to $25,000. Please make your personal insurance agent aware of this change, as your homeowner’s insurance policy’s loss assessment coverage may need to be increased.

Homeowners must maintain their own individual homeowners’ insurance policies (often referred to as HO-6 policies). These policies should cover betterments & improvements, contents, loss assessments, etc. 

If your lender needs proof of insurance coverage for the HOA, you will need to make arrangements to have a Certificate of Insurance (COI) sent to them. To request a Certificate of Insurance, please email Lisa Buttrey of Chappell Smith & Associates, Inc. at lbuttrey@chappellsmith.com

If you have any questions, please email us at BrentwoodPointe2@gmail.com

DISCLAIMER: This email does not contain, extend, modify, or explain all the clauses, conditions, exclusions, or amounts of coverage under the HOA’s insurance policies. Please contact Chappell Smith & Associates, Inc. if you have any specific questions regarding coverage.