Insurance for townhomes is not legally mandated. But if you’re a prudent owner, you’ve shopped around for comprehensive coverage. HOA Insurance covers your exteriors and common areas but not your personal belongings and interiors. If you want a more inclusive policy, you will need separate homeowners insurance coverage.
An independent contractor without insurance can potentially be a financial risk to you depending on the nature of the job. It is not wise to hire anyone who is uninsured, but relatively low-risk jobs such as a freelance graphic designers or blog writers are less likely to cause you unexpected loss than a high-risk task such as a business consultant or a plumber.