Before buying an insurance policy, it’s important to understand the policy’s coverage limits and how these will affect the amount that the association will be responsible for paying toward each…
Read More
With spring comes an increased chance of rain in many parts of the United States. As intense inclement weather – and the subsequent damage that comes with it – becomes…
Severe winter weather, hurricanes, flooding, and hail are just a few storm types that can cause sudden system-wide power grid failure. Going without power even for a few days can…
Every business has to abide by certain standards in order to maintain its value, and stay in business. These standards are often regulated through inspections, much like how restaurants are…
As a board member, it’s important to understand the aspects that go into keeping your HOA afloat. Running an HOA requires being familiar with various concepts, from legal requirements to…
General liability coverage is necessary for homeowners’ associations to provide protection from liability exposure due to accident or injuries which may occur in common areas of the HOA. A general…
Hailstorms are unpredictable, uncontrollable, and can cause heavy damage to community association property, such as clubhouse roofs, community amenities, and condominium buildings. But, how much of a risk are hailstorms…
Chances are you like to protect your family and property. You want to be certain that you’re covered when unexpected circumstances occur. So, why wouldn’t you do the same for…
HOA board members are confronted with many different insurance terms that appear to have similar meanings. “Evidence of insurance” and “certificate of insurance” are just two examples. To help you…
What is third party third-party liability, you might ask? Third party liability occurs when you become liable for the actions of another party. For example, let’s say a vendor’s worker…
