It’s easy to believe that directors and officers insurance doesn’t apply to your HOA board, because those board members are volunteers. They do a lot for the community and are in charge of making some big decisions, just like paid board members, so they need to have the same protections in place. After all, sometimes […]
Along with the rising cost of everything else, deductibles for homeowner’s associations and condo associations have gone up exponentially. This is based on a number of things, ranging from the rise in claims due to weather-related events, as well as the overall worth of the properties within the HOA. Since the deductibles are paid for […]
Condos and homeowner’s associations in warm weather areas are filled with owners who want to rent out their properties on Airbnb and VRBO in order to make some extra money when they’re not living there. While these short-term rental properties are a great way for the property owners to make extra money, they create a […]
Water damage can be one of your worst nightmares. Mitigating it involves removing and repairing the source of the water, cleaning up the damage that the flood left behind, and dealing with mold remediation and other things. All of these can add up to a very expensive fix. Then there’s the dreaded question: Will your […]
NEMT, or Non-Emergency Medical Transport, companies have several different services models to choose from. The most popular are curb-to-curb and door-to-door. Despite the similar sounding names, these services are quite different both in what the customer receives and how they’re insured. After all, with great care and additional assistance come more potential liability issues, and […]
High-net-worth individuals don’t just have a lot of money in the bank, they also have quite a bit invested in things like designer handbags and watches, vehicles, and art. All of these tend to be a bit flashy, no matter how hard you try to stay understated, putting you and your family at risk for […]
Dealerships often let their employees drive their merchandise. Whether they’re taking the vehicle for a test drive right after it arrived on the lot or have to pick up something for the office, there are numerous reasons why auto dealership employees end up behind the wheel. This works out fine, insurance-wise, as long as the […]
Pool season is upon us. If you own a condo, HOA, or apartment building, you’ve no doubt fielded requests about opening the pool. These pools and the spaces around them are where tenants and homeowners go to relax, spend some time in the water, and socialize with their neighbors. Unfortunately, community pools have some downsides, […]
Summertime is when your teenagers get a break from the hustle and bustle of school. They may have jobs or internships during these warmer months, but without the pressure of school and extracurriculars, they have some freedom to drive around and hang out with their friends. Of course, with this comes the usual teenage shenanigans, […]
Springtime brings bright flowers, warm sunshine, and beautiful blooming trees. But it also brings rain, which can damage the structure of your condos, HOA buildings, and apartment complexes if your gutters aren’t working properly. Before the rainy season hits, it’s important to make sure to conduct some spring maintenance on your building lest you end […]
