One of the most important aspects of commercial property insurance is an accurate Total Insurable Value. A value too high means you are overpaying, and a value too low can…
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Summer is fast approaching, and with it comes pool season! Swimming pools are one of the most popular amenities an HOA can offer. However, community pools are also one of…
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…
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…
To fulfill its duties to the association, the board should run the HOA as diligently and professionally as it would manage a business. This includes choosing the proper insurance policies…
Board members have the fiduciary duty to protect the interest of their homeowners’ association by ensuring that the community has adequate insurance coverage. Because obtaining the right insurance to cover…
Insurance agents have a broad range of specialties. As an HOA board member, you want to be sure your insurance provider’s area of expertise is in association insurance. Qualifications Because…
