HOA Fidelity Bonds: Why Your Homeowners Association Needs Them
HOA fidelity bonds are critical to the operations of homeowners associations. But, what are these bonds anyway? And what do they cover? What Are HOA Fidelity Bonds? A fidelity bond is a form of insurance that protects homeowners associations from unanticipated financial losses such as fraud or theft. Other names for fidelity bonds include…