Has Your Insurance Got You Covered?

Does your insurance company play fair and square with you?  Not always, asserts attorney Tara Snow, a partner at Novitt, Sahr & Snow. And if you are not on the ball, you could lose significant coverage.  Snow points to a Queens co-op she represents as an example. The building had a policy to protect the corporation against theft by an employee. When the managing agent was caught stealing, the board made a claim. The insurer denied coverage, however, asserting that coverage was only for employees – and the managing agent was not an employee.    Read the article………….


Related Articles

Mastering Your Management Partnership: Going Beyond the Contract

Management companies that work with community associations typically begin their working relationship by negotiating a contract. The parties involved do

When Homeowners’ Association Living Goes Haywire: How To Prevent The Common Problems Of Living Under An HOA or COA

But along with the benefits of enhanced control over their environment and their property values can come problems, such as

When the Buyer Is a Liar (NY)

In a case decided by an appellate court, a condominium board did what many have surely wanted to do: it