Every association has different membership levels, assessment amounts, delinquency rates, and environmental pressures. Despite the different contexts all communities find themselves in, most board members would agree on one thing:…
Most states require homeowners associations and condo associations to carry specific insurance coverages. Often, rather than purchasing several different insurance policies, the HOA will opt to purchase a master policy,…
Here at Blue Lime, we know how important it is to ensure that your board is protected against any and all potential risk. Today we’ll break down one form of…
While running an established HOA has its perks, older HOAs may experience challenges that newer ones probably don’t have to worry about, including obsolete electrical systems. One of the many…
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…
All board members have the same goal: to financially strengthen their association. Having the right insurance is a large part of managing a financially strong association. Having insurance is good…
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