What is Directors’ & Officers’ Liability Insurance? One of the most important insurance policies in any homeowner association’s financial portfolio is also one of the most overlooked and misunderstood: Directors’ & Officers’ (D&O) Liability Insurance. A good D&O liability insurance policy protects both past and present HOA board...Read more
Do you want to stop asking owners who pay on time to subsidize those who don’t? Do you want to strengthen or maintain the financial health of your association? Now board members can access a proactive service that helps build reserves, improve access...Read more
One local homeowner thought he had purchased the right homeowners insurance. When a fire struck last year, the insurance company declared his house a total loss and paid his policy limit of $200,000. But it cost him...
Natural disaster insurance can mean costly premiums and steep deductibles for associations. In California, some communities are asking: Is earthquake coverage an exorbitant luxury or complete necessity? Earthquake-prone California experiences about 10,000 small-to moderate-sized tremors annually. A study released earlier this year by the U.S. Geological Survey found...Read more