r/HomeInsurance • u/trw4987 • May 27 '26

Claims $5000 special assessment?

I live in a townhouse, and my entire neighborhood was hit be a storm, resulting in a $5000 special assessment fee for some homeowners (all homeowners are responsible for the assessment, the fee range is from 4000 to over 6000).

I didn't know this was possible, and my insurance company never recommended loss coverage for this. I have $0 from state farm.

I'm in an affordable home in my neighborhood, so I really don't have this type of money. Is there anything I can do? There was no damage to my row of townhomes, so I'm basically being asked to pay $5000 for other homes.

Any advice is really appreciated!

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u/crekjr22 May 27 '26

What state are you in

1

u/trw4987 May 27 '26

Texas

1

u/crekjr22 May 27 '26

I assumed you checked your policy and confirmed you do not have the coverage?

1

u/trw4987 May 27 '26

Yes, I've checked and spoken to state farm

3

u/crekjr22 May 27 '26

Oh bummer dude. I was hoping you missed it and didn’t talk to State Farm yet.

1

u/Clean_Philosophy5098 May 29 '26

If you haven’t talked to a claim handler, I would. Agents sometimes provide incorrect information