White Paper
It’s Not Natural to Live in a Co-op or Condominium
It’s Not Natural to Live in a Co-op or Condominium for Board Members and Property Managers. In the event of damage, property managers, board members and residents are typically confused as to who is responsible when it comes to units or personal property. In this helpful PDF, we provide a thorough explanation of who is responsible for what in the event of a loss.
Download It’s Not Natural to Live in a Co-op or Condominium
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About Our White Paper
It’s Not Natural offers invaluable information about many critical elements of community association insurance. It covers responsibility within units, how that responsibility is determined, why owners should have insurance policies, and a description of coverages that should be maintained.
It’s not always clear who is responsible for what within an association. Use this as a guide to protect your community association and understand what you’re responsible for insuring.
In this white paper, we’ll cover the critical elements of community association insurance. Here’s a sneak peek at what we’ll cover:
- Responsibilities within the unit
- Exceptions to the law
- The Bylaws
- Why it’s important to encourage homeowners to maintain insurance
- The impact of uninsured on all parties involved
- The right insurance makes a difference – HO6
- Waiver of subrogation
- Wear & tear exclusions
