Sounds like it's a commercial residential property. HOA policies for condos often have $10,000 deductibles, so if something happens in the common space that causes damage to your place, but the damage is under $10,000, the HOA won't even file a claim. Anyone who lives in a condo should find out what the HOA deductible is and make sure they have the appropriate coverage to cover the gap. I can't think of the term right now since I've been out of claims for a bit.

