Minnesota’s New HOA Loss Assessment Law: What You Need to Know
As of August 1, 2024, a new statute—Minn. Stat. § 65A.3025—will provide Minnesota homeowners with greater clarity regarding HOA loss assessment coverage under condominium and townhouse insurance policies. This legislation, championed by Big I MN alongside the Department of Commerce and the Insurance Federation of Minnesota, standardizes how loss assessment claims are handled across different Read more…
Learn More