Nov 15, 2023 | Associations, Insurance, Law, Q&A, Residents
Q: My condominium association is in the process of renewing its insurance policies and our insurance agent advised that we needed a fidelity bond policy with a higher limit for the coming year because of the insurance proceeds the association received following...
Oct 8, 2020 | Associations, Insurance, Prepare, Rules Regulations
Navigating an insurance claim after a significant loss can be frustrating, costly, and time consuming. Associations have an obligation to cooperate with their insurance company fully and completely during the claims process even in the most daunting of circumstances....
Sep 11, 2020 | Associations, Insurance, Property Managers
There is a lot of information on how associations can prepare for hurricanes but much less information as to what happens after the hurricane, particularly as it pertains to insurance claims. A question that managers and board members need to consider is, what is...