When we talk about insurance, which we do frequently, we talk about its complexities, and there is no question that insurance decisions are complicated, confusing and often intimidating for condo boards. But it isn’t the complexity of insurance that creates the biggest risks for board members and the association’s they govern; it’s the type of coverage and the amount: Many boards don’t buy the kind of insurance they need or enough of it to cover the property their associations own and the liabilities they face.  This is a problem we see in associations of all types and sizes and in all the key coverage areas: property, liability and fraud.     Read the article……………..