I am often asked why certain Condo association do not carry earthquake insurance. In some cases I am approached by owners or boards where association is considering canceling a policy. Unfortunately after much analysis and working with multiple associations I have concluded that purchasing an earthquake policy for a building is a bad bet. Yes, financially with all odds [...] Read more »
Insurance: what’s covered
One of the questions I get often from clients is about insurance. Most people believe that since they are moving into an HOA community which already has insurance they don’t need to buy their own. In order to understand that better we need to break HOA into at least two categories – Single Family Houses controlled by [...] Read more »