There are two excellent times to perform maintenance on your HOA property: spring and autumn. Both are times of seasonal change, so it makes sense to ensure that everything is inspected and repaired, if necessary, before winter sets in and after it’s gone. For the fall, your goal should be to reduce storm and water […]
Hurricane season is here, so it’s time to make sure that your HOA or condo association has the right insurance coverage in place. Even if your tenants or homeowners have their own rental or property insurance to protect what’s theirs, this doesn’t mean that you don’t have coverage gaps of your own. After all, if […]
As the president of an HOA or homeowner’s association, cyber criminals are the last thing on your mind. Who would hack an HOA? What information would they take? Well, if your HOA requires members to pay dues and fill out and sign application forms, there’s actually quite a bit of private info available for hackers […]
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 […]
