White Paper
10 Things Everyone Should Know About Insurance for Board Members & Property Managers
Insurance is often viewed as a technical necessity rather than a strategic tool, yet misunderstandings about coverage and risk transfer can expose community associations to significant financial and legal consequences.
Download 10 Things Everyone Should Know About Insurance
Community associations have very unique insurance needs.
Our 10 Things Everyone Should Know About Insurance white paper covers concepts that directly impact board members and property managers, including reinsurance, market and litigation trends, and important clauses and exposures. The more informed you are, the better decisions you’ll make when it comes to protecting your association.
What we’ll cover:
- Reinsurance
- Terrorism Risk Insurance Act
- Third-Party Litigation Funding
- Why Your Insurance Policy Should Never Include Just an LLC
- Indemnification Clauses
- Auto Insurance Typically Provides Coverage for Damage Caused Within the Building by a Delivery, Not General Liability
- A Person Can Be Considered an Employee for Workers’ Compensation Purposes Even if They are Not on Payroll
- Why Do Liability Rates Always Seem to Increase?
- NFIP’s Flood Policy for Condominiums Includes Improvements & Betterments
- Shareholders in a Co-op Cannot Get Flood Insurance for the Structure
