Your association, unlike most other attached living communities, does not carry a master insurance policy. It is necessary for each homeowner to fully insure their own property, the same as they would a single-family house. However, since you are attached to other neighbors, there is also a degree of liability if you were to have a fire, flood, etc. where your neighbor could also be affected. To ensure everyone is properly insured, especially for the safety of their neighbors, your community’s governing documents require proof of current insurance to be kept on file with the association at all times.