Resource Center
Why HOAs and Condo Boards Need "Crime Coverage"
Monday, January 22, 2024
Crime Coverage - also known as a "Fidelity Bond" or "Fidelity Guarantee," is a form of insurance coverage that protects against fraudulent acts - like embezzlement - committed by Board Members or Property Managers in a...
Professional vs. General Liability for HOA Boards
Tuesday, December 26, 2023
It's that time of year - when many Boards and HOAs are planning for the calendar year ahead in their communities. Part of this planning includes the election of new Board members and discussions about General and...
What Does Your Association Insurance Actually Cover?
Monday, October 9, 2023
If you currently live in an owners' association in Florida or are thinking about investing in one, it's important to understand what type of insurance policy the community has and what type you will personally need to...
Should I Consider Self-Insuring My Home?
Monday, October 2, 2023
Right now, there is a lot of negative news out there about home insurance companies. Insurance carriers are leaving Florida in droves - from Farmers to Bankers to Lexington. And those that remain are steadily increasing...
The Painful Reality of Assessing Owners for Insurance Increases: What Can your Association Do?
Monday, September 11, 2023
Typically, Condo Boards set their annual budgets well in advance and make them transparent to unit owners prior to the beginning of the new year. That budget usually includes an estimated amount for insurance based on...
What to do If a New Insurance Company Offers to Take Over Your Citizens Policy
Monday, August 7, 2023
If you are currently insured by Citizens Insurance Company, you may have received an offer from a private insurer for them to “assume” your Citizens policy. What does this mean and what should you do? It simply means...
3 Things to Know Before You Sign Up With Citizens Insurance Company
Monday, July 31, 2023
You may be hearing a lot about Citizens Insurance Company lately. You may not know much about them, other than the fact that it was your only reasonably-priced option, or perhaps your only option at all. So I thought...
Should You Take Rental Car Insurance While on Vacation?
Monday, July 17, 2023
So you're planning a summer vacation trip with the family. Once you arrive at your destination and head to the rental car counter, you're always faced with the question, "Would you like to add our insurance to the...
100,000 Farmers Policies in Florida Being Discontinued - What to do Next?
Wednesday, July 12, 2023
This week, Farmers Insurance Group announced it will be discontinuing 100,000 Florida policies, 30% of the company's statewide consumer base. Unfortunately, most of the non-renewing policies are tied to homeowners...
The Florida Insurance Crisis...and What's Being Done About It
Monday, July 10, 2023
Florida currently has the highest property insurance rates in the nation - although that likely comes as no surprise. In 2018, property insurance rates started going up at a rate of about 10-20%, and it has just...