Take HOA & Condo concerns off the table
Give buyers peace of mind with Feesible's affordable assessment protection coverage
Be a hero and protect your clients with easy, affordable coverage from Feesible
It's like a home warranty, but for HOA risks
Faster, smoother transactions with fewer worries
- It is hard for buyers to judge the physical and financial health of an entire HOA or condo
- HOA surprises are never good
- Special assessment coverage protects buyers from the unknown and makes for smoother deals
Put your best foot forward and erase HOA concerns with Feesible
Eligibility and Limts
- We cover single family detached and townhomes of any age, and condos up to 3 stories less than 35 years old
- Limits are available from $5,000 to $25,000, covering all but the most extreme special assessments
- Coverage protects buyers against assessments for "wear and tear" repairs, replacements, and renovations
Save your buyers from HOA remorse
Special Assessment Insurance vs. Homeowners Insurance
Feesible Assessment Protection
Homeowners Insurance
What is it for?
$$$ to pay for condo & HOA special assessments
$$$ for damage or theft of your property
Does it cover HOA special assessments?
Yep, 90%+
Less than 5%
What assessments are covered?
Open peril maintenance, wear & tear, reserve shortfalls, HOA lawsuits, most other things
Damage from fire, lightning, covered weather; HOA lawsuits
What assessments aren’t covered?
Fire, water / flood, natural disasters, operating expenses, expected assessments
Maintenance, wear & tear, reserve shortfalls, operating expenses, flood, earthquake
Assessment coverage limits
Up to $25,000
Usually $1,000
Feesible vs Homeowners Insurance
Feesible Assessment Protection
Homeowners Insurance
What is it for?
$$$ to pay for condo & HOA special assessments
$$$ for damage or theft of your property
Does it cover HOA special assessments?
Yep, 90%+
Less than 5%
What assessments are covered?
Maintenance, wear & tear, reserve shortfalls, HOA lawsuits, most other things
Damage from fire, lightning, weather; HOA lawsuits
What assessments aren’t covered?
Fire, natural disasters, operating expenses, expected assessments
Maintenance, wear & tear, reserve shortfalls, operating expenses
Assessment coverage limits
Up to $25,000
Usually $1,000
Feesible vs Homeowners Insurance
What is it for?
$$$ to pay for condo & HOA special assessments
Feesible Assessment Protection
$$$ for damage or theft of your property
Homeowners Insurance
Does it cover HOA special assessments?
Yep, 90%+
Feesible Assessment Protection
Less than 5%
Homeowners Insurance
What assessments are covered?
Maintenance, wear & tear, reserve shortfalls, HOA lawsuits, most other things
Feesible Assessment Protection
Damage from fire, lightning, weather; HOA lawsuits
Homeowners Insurance
What assessments aren’t covered?
Fire, natural disasters, operating expenses, expected assessments
Feesible Assessment Protection
Maintenance, wear & tear, reserve shortfalls, operating expenses
Homeowners Insurance
What assessments aren’t covered?
Fire, natural disasters, operating expenses, expected assessments
Feesible Assessment Protection
Maintenance, wear & tear, reserve shortfalls, operating expenses
Homeowners Insurance
Assessment coverage limits
Up to $25,000
Feesible Assessment Protection
Usually $1,000
Homeowners Insurance
