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Cooperator News: Ten Essential Insurance Principles Every Board Member and Property Manager Should Understand

Eric Eggert, CIC, CIRMS, spoke with Cooperator News New Jersey, sharing Ten Essential Insurance Principles Every Board Member and Property Manager Should Understand

Serving on the board of a condo, co-op, or community association, or managing one professionally, comes with significant responsibility. These communities are complex ecosystems where ownership, shared infrastructure, governance, and risk intersect. Insurance is the financial backbone that protects all of it, yet it is often misunderstood. The following principles help board members and managers understand shared residential insurance and avoid costly mistakes.

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