Here is a copy of the letter that was sent out to all Homeowners. Please read and review your current policy.
SPORTS VILLAGE HOA
860 South Village Rd.
St. George, UT 84770
(453) 628-3981
December 31, 2011
To All Homeowners:
We would like to notify all Homeowners of the change in Insurance Policy. Beginning February 1, 2012 the deductible for the Sports Village HOA will be raised to $10,000. The reason for this change in deductible came with the passing of House Bill 167.House Bill 167 took effect July 1, 2011. A copy of this bill is included in this mailing.
We would like to recommend that each Homeowner carry at least $10,000 of Dwelling coverage on your personal insurance policy. This will help to avoid any coverage gaps should a loss occur in your unit as your policy will now be required to pay the first $10,000 on any property loss. Please review your policy to ensure that the coverage is in accordance with this recommendation.
Please feel free to contact Sports Village with any questions.
Sincerely,
Sports Village HOA Board Of Directors
Wednesday, January 4, 2012
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