Why do I need Feesible?
You can't prevent special assessments, but you can protect yourself from them
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A few clicks for an online quote
Immediate coverage for eligible owners
Welcome aboard!
Welcome aboard!
If you get an assessment that wasn’t expected when you signed up, you are covered!
Send us the assessment notice and association documents
We’ll quickly review your files and pay covered assessments
Rest easy knowing you made a clever decision
HOA peace of mind at a great price
- Saving is hard. More than 70% of associations have insufficient funds to cover expected maintenance expenses
- Most need special assessments every 4-5 years for bigger repairs
- Assessments are usually less than $10,000 per home but can exceed $100,000 for serious issues
Low cost protection against high cost surprises
You are eligible if your association:
→ Has more than 50 units.
→ Is less than 35 years old.
→ is NOT a condo with 4+ stories
→ Has not had an assessment over $500 in the last two years.
That’s it! Not sure? Learn more or ask us.
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The not-so-small print: We DON’T cover assessments …
for pre-existing conditions, fire or weather damage
- What are pre-existing conditions? We don't cover expected assessments that are already planned or are being considered by your association when you sign up
- If the scope of expected capital projects changes meaningfully, we would cover the new elements
- We don't cover completely new additions to HOA property. Renovations, yes, but not brand new clubhouses on our dime
- We don't cover traditional insurance risks (damage from earthquake, fire, flood, windstorms, etc.)
For the other 90%+ of assessments we've got you covered
Insurance protects against unknown, not known, risks. For example:
A new roof is needed and the board starts getting quotes for the work.
You bought coverage before planning began.
COVERED: The project and assessment risk were not known or expected before coverage started.
You bought coverage before planning began.
COVERED: The project and assessment risk were not known or expected before coverage started.
Your association has considered new paint for 2 years.
You bought coverage after planning discussions started, but before the work began.
During painting major balcony tile leaks are discovered that need repair.
Painting - NOT COVERED: The paint project and assessment risk were known before coverage began.
Leak remediation – COVERED: The project scope and leak repairs weren't expected.
You bought coverage after planning discussions started, but before the work began.
During painting major balcony tile leaks are discovered that need repair.
Painting - NOT COVERED: The paint project and assessment risk were known before coverage began.
Leak remediation – COVERED: The project scope and leak repairs weren't expected.
Claims are quick and easy
We’ll look at your association financial statements, board of directors documents, reserve studies, resident communications and other items to verify that projects and assessment were unexpected when coverage began.
Get paid quickly!
