Water Claims in Condominium Associations: Who Pays, When to File, and How Bylaws Control Everything
Introduction: Why Water Claims Are So Complicated in Condos Water damage is the single most common and most contentious type of insurance claim in condominium living. Unlike a sing
How Defensible Space Affects Insurance for Rental Properties and Apartment Buildings
If you own or manage a rental property or apartment building in a wildfire-prone area, you’re likely already aware of the rising insurance costs and coverage restrictions in the
Elevation Certificate for Flood Insurance: Do You Still Need One in 2025?
Quick Answer: For most National Flood Insurance Program (NFIP) policies written after October 2021, you do not need an Elevation Certificate to get a quote or purchase coverage. FE
Should Condo Associations Allow Short-Term Rentals? An Insurance Perspective
Introduction With the rise of platforms like Airbnb and Vrbo, short-term rentals have become a popular income stream for condo unit owners. But should condo associations allow them
Condo Insurance Q&A: 29 Essential Questions Answered by an Insurance Agent
Intro:Whether you’re a condo board member, property manager, or risk professional, understanding condo insurance is critical to protecting your community. We’ve gathered 29
Claim Examples – Condominium Associations
Here are several realistic examples of condo association insurance claims, categorized by type, to help illustrate when the association’s master policy would respond: Property Da
Why Condo Boards Must Understand and Communicate the Importance of Loss Assessment Coverage
As a member of your condo association’s Board of Directors, it’s vital to understand the risks unit owners face—and how the decisions you make around insurance and communicat
Water Damage and Plumbing-Related Claims: What Condo Associations Need to Know
Water damage is one of the most common and expensive insurance issues facing condo associations today. From burst pipes to overflowing appliances, even small leaks can lead to big
Gaps Between Condo Association and Unit Owners Insurance
When it comes to condominium insurance, one of the most misunderstood and potentially costly issues is the coverage gap between the master insurance policy and individual unit owne
Wind and Hail Deductibles on Condo Assocation Master Policies
Severe weather events are on the rise — and so are the insurance complications that come with them. For condominium associations, wind and hail damage often pose one of the bigge