Insurance has quickly become a hot topic for the POA industry. Claims are on the rise and as a result, combined with economic factors, rates for policies are costing more than ever. Along with the increase in claims and rates, there has been a decrease in coverage amounts and fewer available polices for POAs are on the marketplace. This has created a crunch in the budgets for many POAs with some even eschewing certain policies. Others are unaware of the polices POAs should carry to protect the Association. With these thoughts in mind, POAs should ensure their assets are protected by adopting these must have insurance policies.   Read the article………………………..