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051 | Top HOA Insurance Claims Shaping the Industry
Manage episode 415252210 series 3470637
Content provided by Hosts: Robert Nordlund, Kevin Davis, Julie Adamen, Hosts: Robert Nordlund, Kevin Davis, and Julie Adamen. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Hosts: Robert Nordlund, Kevin Davis, Julie Adamen, Hosts: Robert Nordlund, Kevin Davis, and Julie Adamen or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Today we look at key HOA insurance claims (and demanding community members) and how they affect your community. Learn to manage risks smartly!
✅ Is a Reserve Study right for you? 👉 https://www.reservestudy.com/
Today Kevin and Robert talk about the most common claims shaping the insurance landscape in community associations today. From managing rising costs to understanding owner expectations, this episode offers essential advice for maintaining property values and ensuring financial stability in your HOA.
Chapters for Top HOA Insurance Claims Shaping the Industry:
00:00 HOA Board merch announcement!
00:31 The one decision setting your HOA up for failure
02:50 Key HOA insurance claims explained
04:24 Minimizing HOA insurance rates hikes
09:07 It all comes down to your HOA budget and a “attractive” community
16:02 Ad break - Association Reserves
16:34 What to do about about community members being more demanding
25:56 Having a duty to care for your HOA
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Julie Adamen
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Kevin Davis, CIRMS
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Chapters
1. HOA Board merch announcement! (00:00:00)
2. The one decision setting your HOA up for failure (00:00:31)
3. Key HOA insurance claims explained (00:02:50)
4. Minimizing HOA insurance rates hikes (00:04:24)
5. It all comes down to your HOA budget and a “attractive” community (00:09:07)
6. Ad break - Association Reserves (00:16:02)
7. What to do about about community members being more demanding (00:16:34)
8. Having a duty to care for your HOA (00:25:56)
63 episodes
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