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HOA Meaning for Home Insurance
By Tamara Wilhite, eHow Contributor updated: September 03, 2010

Dues for a homeowners' association (HOA) include hazard insurance for incidents that may occur in common areas. They may also include other forms of insurance.

Definition
HOAs charge dues to member homeowners for common expenses. These expenses can cover the cost of maintenance and repairs for common areas such as pools, playgrounds, walk paths and clubhouses, and they include liability insurance for accidents and injuries that may occur at common facilities.

Impact of Dues on Properties
Failure to pay HOA dues or fines can result in a lien placed against a home. In some states, such as Texas, these HOAs can foreclose on a home to pay the lien. A lien for unpaid HOA dues or fines must be paid before selling the home. HOA fines are not covered by homeowner's insurance.

Title Insurance
Violations of HOA covenants can result in forfeiture or reversion of the home's title back to the HOA. Additional title insurance endorsements can be purchased to cover properties in HOA title disputes.

Condos or Townhouses
When multiple homes share walls, such as in townhouses or condominiums, HOA dues may include homeowner's insurance for the entire development. This includes building insurance and liability insurance.

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