The past few years have seen association insurance premiums rise dramatically. Whereas deductibles on association policies were typically $1,000 not many years ago, today it is more common for associations to have $2,500, $5,000 or even $10,000 deductibles. As insurance deductibles continue to increase, associations are reviewing how to allocateAllocating Insurance Deductibles

SCHEDULING ITEMS UNDER YOUR HOMEOWNERS INSURANCE Perhaps it's the latest electronic gadget or large screen hi-def television, or new sporting goods gear or maybe a piece of sparkling jewelry. If you happen to receive or purchase a particularly expensive item, you may consider purchasing extra protection, just in case. Why would IScheduling Under Homeowners

Understanding the scope of association insurance coverage is basic to protecting the vital interests of the owners. Do you understand what the association’s duties are when a fire, windstorm or burst pipe damages the common elements or unit interiors? The association’s insurance duties are addressed in the governing documents (sometimes calledAreas of Responsibility

We’ve all heard Ben Franklin’s adage, “An ounce of prevention is worth a pound of cure.” Nowhere is that more true than in regards to a condominium’s roof. Although it is not necessarily the most visually prominent aspect of building, a roof can account for up to 50 percent ofCondo Associations - Managing Roofing Problems

Understanding Condominium (Condo) Insurance Condominium insurance is a special insurance designed to fit the specific needs of condo owners. Condo and renters insurance are similar because they both provide personal property and liability protection. However, condo owners need to take into consideration additional coverage for the building based on their condominiumUnderstanding Condominium (Condo) Insurance