No--unless it is required by the HOA bylaws or CC&Rs. However, having liability insurance is advisable for a homeowners' association because of the expense and burden of lawsuits in today's world.
Personal lines insurance typically does not include coverage for homeowners' associations. Homeowners' associations typically have their own insurance policies to cover their common areas and buildings. Individual homeowners may choose to purchase personal lines insurance to cover their own property within the homeowners' association.
No. Homeowners Insurance does not cover Auto accidents. Auto Insurance covers automobiles. It does not matter if the auto accident was on public or private property.
What do you mean "private company" If you have HO insurance the bank can not canel it. Only you can.
Did you ever get an answer?
No, You would need to look for your auto insurance for road accidents
The answer you want is in the auction documents involved in your purchase. There is no standard.
Aviation insurance is required for all private and commerical flyers. The amount of coverage required by law depends of the size of the aircraft.
They are not the same. Homeowner's insurance insures the property: dwelling, personal property, other structures on the property, etc. Private mortgage insurance pays the mortgage in case of the death or disability of the mortgagor.
the homeowners association would be responsible to hire a contractor and most likely a contractor will want a stamped set of construction plans from an engineer.
Some parks are located on private property and some are public property. It would depend on the owner of the park. A homeowners association for instance can own a park within their subdivision. This would be a privately owned park and can be only for members of the homeowners association if they desire. Public parks are often owned by a city, state, or country and could be open to all members of the public if structured that way.
Read your governing documents -- including the pool rules -- to understand the association's guideline regarding life guards. Since the pool may be a private -- non-public pool -- the association sets the standard for life guards.
Is the car on Private property or parked in a public place? On your Private property, without valid Tags and Without a loan against it then no insurance required.