100% is better than what we saw ~4 years ago for an increase.

Our owners still ask about getting a better deal via pooling with other HOAs in the area and we had looked into it as a board.  The logic that more 'subscribers' helps get a better deal is pretty normal with commodity goods.  In terms of insurance which doesn't work like commodities, pooling increases underwriter risks, making the deal less interesting.  Particularly that the underwriters are concerned about natural cause losses from wildfire, hail, wind, etc.  these are all local conditions and insuring multiple properties in the same area would increase the chance of losses across the pool of properties.  Think if Malibu had one carrier across many properties, what a loss for the carrier.

IMO, it would be far more beneficial to find HOAs in different geographical areas to form a deal with to spread out risk and bring a larger group of diverse properties for a better deal.  this would need to be 100s of miles apart or more and finding ones in areas with inherently low natural risks

we have no sprinklers and it would be very expensive to retrofit our building.