Insurance Documents

Master Policy Certificate Request

or

Alternatively, you can send a scanned copy of the letter you received from your lender to office@voslhoa.com.

Please note this method will take longer than using the form submissions above.

Wind Mitigation Report Request

Send your request to office@voslhoa.com.

Please note this is a commercial wind mitigation report for the entire building. If you need an individual report for your unit you must pay for that yourself. The Association uses C. Dick Smith Quality Home Inspections
(561) 543-8230 who will charge $75 for an individual inspection.

You can also find a home inspector using the International Association of Certified Home Inspectors (InterNACHI) search tool.

Looking for something else?

State of Insurance

Article XII of our Declarations of Covenants and Restrictions defines how much and what types of insurance the Association must carry.

American Coastal Insurance is our current carrier. Through them we are insured for more than $200M in property coverage. This insurance cost is approximately _% of our 2025 budget.

A key factor in calculating our budget has always been the renewal date for our insurance, which previously was in April. To create the next year’s budget, the HOA with the help of our agent, had to make an educated guess of where the insurance industry will be in 5 months. In 2023 that guess was short by a long-shot forcing the Board to levy a special assessment; in 2024 the guess was over and our dues were raised 150% causing financial strain to owners.

Now there is no more guessing. Where once our request to move our renewal date to the end of the year was denied, now our insurance renews in December and the numbers on the budget are based on actual costs not guess work. This translates to stability in the HOA’s finances and stability in your own household budget.

Special thanks to our Board president for her knowledge of the insurance industry and the work she put into making this a reality for all of us.

Future of Insurance

Insurance premiums aren’t expected to fall for the next few years, according to the experts cited in this article by the Miami Herald. Floridians pay almost three times as much as the national average for insurance. Recent legislation reforms focused on curbing excessive litigation and not on lowering premiums leaving rates continuing to climb. Compounding the issue are additional factors such as rising construction and labor costs while more frequent and severe storms have led to more claims; reinsurance costs also continue to rise due to global factors; and carriers have abandoned the marketplace citing the inability to cover the policies they carry. If you find yourself being dropped for coverage, check out this guide by Insurance.com on what you should do if your insurer cancels your policy.