What’s the safest way to assure the Board of Directors has purchased the right coverage?

The safest steps to obtaining the right coverage include:
(1) Purchase coverage from an insurance agent/broker that specializes in coverage for common interest developments; and
(2) Have him/her review the CC&Rs and the state laws to warrant that the coverage is in compliance both with the Association’s governing documents and the applicable portions of the civil code.

2018-05-25T17:32:43-07:00