2007 Aug
Focus on... Insurance

Insurance HOA Insurance Case Studies
2007 Aug HOA Insurance Case Studies

There is a joke that is regularly circulated via e-mail among insurance industry professionals. It goes a little like this: A North Carolina man, having purchased a box of 24 rare and very expensive cigars, insured them against fire. (Ye…

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Insurance When HOA Insurers Don't Renew
2007 Aug When HOA Insurers Don't Renew

Along with management fees, insurance premiums represent one of a homeowners association's largest annual expenses - and with good reason. Protection from major financial loss is integral to a civilized society. Without the security of i…

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Insurance New Developments in the Insurance Industry
2007 Aug New Developments in the Insurance Industry

To those who don't know much about the subject, insurance for condos and HOAs can seem like a fairly simple thing—like car insurance, or life insurance. It's tempting to just trust their broker or agent, and leave it at that. There'…

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Insurance Understanding Insurance Claims
2007 Aug Understanding Insurance Claims

It's bound to happen eventually: calamity befalls your condominium development in the form of windstorm damage, fire, personal injury or the like. The first step most associations take is to call the insurance company and file a claim. Howe…

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Q&A Q&A: Collateral Damages
2007 Aug Q&A: Collateral Damages

Q I live in a top floor apartment of a condo building. There has been a leak from the roof for a few years. The condo has been trying to stop the source of the leak over that time period, to no avail. They have now hired a roofer, who h…

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Q&A Q&A: Conservation Easement
2007 Aug Q&A: Conservation Easement

Q What is a conservation easement? Can a condo or HOA vote to place an easement? What are the tax advantages of such a move? —Inquiring Unit Owner A “A conservation easement is an agreement to restrict development of …

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