Every board understands that having adequate umbrella liability insurance for their building or HOA is mandatory - that's a given. But many boards don't carry Directors & Officers policies, or 'D&O,' which protects the board as a body and board members individually from claims made as a result of board decisions...as long as those decisions have been made in good faith. In this clip, a co-op/condo attorney outlines the importance of D&O coverage, and the possible consequences of skipping it.