Are You Carrying Enough Loss Assessment Coverage?

I was recently told a story about a condominium association that is carrying property insurance coverage on their condominium units which includes a $50,000 per unit deductible on water related losses! Evidently, this association has also adopted a policy which passes along the responsibility for the deductible to the owners of the units which were damaged.   Read the article……….


Related Articles

3 Tips to Give Homeowners a Voice

Not every homeowner who lives in the community is on the HOA board, but every homeowner is affected by what

Condo Owners Want Security: Are Associations Required to Provide It?

When a gunman opened fire on patrons at an Orlando nightclub a few weeks ago, killing and injuring more than

Pokemon GO…. Away! Mobile game can spell headaches for private residential communities.

After writing this blog for well over a decade, I often think that I have covered every conceivable topic which