As many HOAs in California continue to struggle with insurance coverage and premiums. Many question what causes this in the industry and how long will it continue? Why are so many HOAs being denied coverage. Has the duty to inspect balconies and other elevated elements (resulting from SB 326) impacted access to insurance and rates? How can HOAs better prepare for risks associated with climate change such as wildfires, coastal sea rise, and flooding.
Bridgette Tabor with Kirk Miller Insurance Agency will walk our attendees through the fluctuating insurance market and give attendees insight into how to better manage their community’s risk. She will cover what a “Hard Market” is, and the factors underwriters use to determine the insurability of common property. We will take a deep dive into what can affect premium renewals in your association and how to stay ahead of any changes.
With all these uncertainties happening in the market, come learn how your association can keep insurance costs as low as possible. This is a must-see event for HOA board members.