Dear Boulders Owners,

I’m writing this to inform you that our Insurance company, Farmers, has informed us that they will not renew our insurance policy for the Boulders next year. Their stated reason is that they made a decision to decline to renew any policy of $100M or more. The current insurance is in force until the end of 2024.

Please be assured that we are actively engaging with both our current broker and other brokers known to our property manager Associa to find equivalent insurance. We have been told that this process will take some time, so we ask for your patience. As soon as we have more information we will share it with you.

— Sheila