Condominium Associations are required by their governing documents to insure their common area property which for almost all associations includes buildings. Property Insurance is the insurance coverage used to insure structures against many types of losses including fire, windstorm, hail, etc. A very prominent exclusion in the Property Insurance coverage form is the Ordinance Or [...]
Fear is an important motivator when it comes to buying insurance. We all worry about what could happen to assets like cars or homes, so we buy insurance to help us maintain financial stability if something bad should happen. When we pay annual premiums over and over again, we expect our insurance policies to perform [...]
Unfortunately, the huge increase in credit card use over the past several years has motivated thieves to become very creative in finding ways to obtain your account information in order to defraud you and the vendors and credit card companies you deal with. Fraud can range from a person rummaging through a dumpster for sensitive [...]
It is fairly easy to determine the amount of insurance you should buy to insure your building against fire, wind and other potential causes of loss. It is much more difficult to determine how much liability insurance you should buy to protect your business against legal liability lawsuits. There are many different types of liability [...]
