In today's challenging insurance market, association boards need every advantage when shopping for competitive coverage. One often-overlooked strategy can significantly improve your renewal outcomes: scheduling your insurance appraisal 90 days before policy renewal. The 30-Day Marketing Window Challenge Most association boards
The Hidden Risk Your Community Faces Many condo and homeowners associations are unknowingly exposing themselves to significant financial risk through outdated insurance appraisals. As construction costs fluctuate and properties undergo improvements, your insurance coverage needs to keep pace—or your community could
As wildfires blaze through parts of California each year, they serve as a stark reminder of how vulnerable properties can be to natural disasters. While Florida faces its own environmental challenges—hurricanes, flooding, and rising sea levels—there are important parallels between these
Who would buy a roll of paper towels at full price if there was a coupon for 30% attached to it? (Silence) This is Florida - we have storms and hurricanes and after this active hurricane season we don’t need a
You have seen countless examples of storm damage in Florida. Let us face it—being on a condominium board is a thankless job (literally, no one thanks you), and you’re not getting paid by the association for it either. Yet, you have
Condo reserve funds are crucial for every condo community. Think of these funds as a savings account for big projects or unexpected repairs that might come up. This money is set aside to make sure your community can handle these costs
The issues we face in Florida around insurance have never been more challenging. For board members and property managers, understanding the intricacies of reconstruction costs is not just beneficial—it’s essential. Insurance appraisals serve as a tool for identifying how much insurance
Navigating the Storm: A Humorous Look at Florida's Condo Insurance Market I like many of you live in a condominium here. Florida's condo insurance scene is like a weather forecast—always changing, and not always for the better. It's a bit of
Sorry, we can’t afford balconies anymore, and we can’t afford stucco You may not be able to afford to build it back the way it was. In the event of a total loss, if the building is not insured-to-value, the insurance coverage
