Homeowners’ Associations (HOAs) play a vital role in managing and maintaining residential estates across South Africa, from security and landscaping to the upkeep of shared infrastructure. Yet, one of the most misunderstood areas of HOA governance remains insurance . Ensuring that the association, its Directors, and members are adequately protected is not only a legal responsibility but also a cornerstone of sound financial management and risk mitigation. Why Insurance Matter

In South Africa, Homeowners’ Associations (HOAs)  are increasingly recognising the importance of proactive financial and maintenance planning. While 10-year maintenance reserve plans  are not legally required for HOAs, unlike for sectional title schemes under the Sectional Titles Schemes Management Act (STSMA)   they are fast becoming a hallmark of well-managed, future-focused communities. Forward-thinking Directors and managing agents are adopting these plans not only to imp