Assured Partners Association's Insurance Agent Ryan Hurley Valerie Perrenoud
Request a Certificate of Insurance
Homeowners send a copy of the letter you received via email to: CS@I.com
Owners’ looking for an updated renewal COI, in response to a letter received by their lender, should scan the letter and email it to CS@icerts.com (If they do not have access to a scanner, they can take a picture of the letter with their phone and forward it from that device.) They will receive a bounce back email from Icerts that will include a link for them to set up an account that will allow them to access their COI info any time it is needed in the future.
Lenders looking for a COI to comply with a new closing (new purchase, refinance, line of credit, etc.) need to go to Icerts.com and set up an account. (Most of the lenders have accounts with Icerts). Once the account is set up they can order COI’s on any property currently insured with AssuredPartners.
Each homeowner is responsible to insure their portion of the Unit as well as the contents. The Association strongly recommends every owner contact their insurance agent to discuss and obtain an HO6 insurance policy. Check the governing documents webpage for more information about owner responsibility. Download a copy of the Covenants, Conditions and Restrictions (CC&RS), page 13.
The HO6 Policy is usually inexpensive and will be a life saver if some type of insured disaster happens. Be sure to ask for and include a Loss Assessment Clause. This is in case one or more buildings are damaged and a Special Assessment is needed to pay the Association's deductible.
Also, ensure you have coverage to pay for a place to rent if you cannot live in your unit for a period of time. The Association does not pay for alternate living space if you cannot stay in your unit. Your Association fees, mortgage payments, and property taxes are still due and payable even when you can't live in your unit.
Wind and Hail Insurance Insurance Changes Homeowners Need to Know About
Due to recent catastrophic damage caused by wind and hail, insurance companies have begun implementing separate wind and hail deductibles to manage their exposure throughout Colorado’s Front Range. In the event your association sustains wind/hail damage, a special assessment may be issued by your HOA to cover the costs of this deductible. This type of a special assessment may be insured by your personal insurance company under the Loss Assessment Endorsement of your individual Condominium/Townhome Insurance Policy. This policy is commonly referred to as HO-6 Insurance.
Please contact your Insurance Agent today and request an increase in Loss Assessment Coverage in an amount not less than $10,000. The additional premium associated with increasing your Loss Assessment Coverage is minimal - probably less than $10 annually. If you do not currently have an individual Condominium/Townhome (HO-6) Insurance Policy, we strongly recommend contacting an insurance agent for coverage today. As a homeowner, it is your responsibility to purchase individual coverage, in addition to the insurance maintained by your association, to protect your personal assets and exposure to liability losses. If you elect not to purchase an individual insurance policy, and/or do not have adequate Loss Assessment Coverage, you may be personally obligated to pay up to $400, in the event your association sustains damage as a result of wind and/or hail.
If you have any questions, please contact your Association’s Insurance Agent, Assured Partners, at (303) 771-1800.