Apr 4, 2018
Condo Insurance - Do you as a condo board director know enough about condominium insurance coverage for your condo corporation or association? Download bonuses at http://condowebshow.com/8
In this video Rafal Dyrda interviews Trinity Player from BFL Canada where they discuss condominium insurance, condo board responsibility, and what you should be looking out for when buying an insurance policy for your condo corporation.
► QUESTIONS ANSWERED ON THIS INTERVIEW
- Is a condo policy legal and binding?
- Are all insurance policies the same?
- Can language in the policy make a difference of the outcome?
- Are condo manager's insurance experts or should you seek the
advice of a condo insurance broker? Who's liable in buying the
wrong policy?
- Can an insurance policy cover fraudulent activity?
- Does condo insurance coverage depend on the price of the
policy?
- Who is responsible and liable for selecting an insurance
policy?
- What are the most common claims in condominiums?
- Who should educate owners on insurance claims?
- What should the board consider when working with an insurance
broker?
- What are the biggest mistakes boards make when buying an
insurance policy?
- How often should the board review a policy?
- What should the board review before picking a policy?
- Should you inform your insurance broker if you update your
bylaws?
- How is BFL Canada different from condo other insurance
providers?
- What should the board do before filing a claim?
- What should the board do when they get a statement of claim?
- If damage originates from a unit who's responsible for
repair?
- Can the Condo Board charge back the owner the deductible?
- Why should a condo unit owner have their own personal condo unit
insurance?
► Download Bonuses & Transcript at http://condowebshow.com/8
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condo questions, whether you are a condo board member, a condo or
property manager, or an owner, so you can run a more efficient
condo and spend less time in those pesky board meetings.
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