The art of insurance bidding: Practical strategies help navigate a hard market

The art of insurance bidding: Practical strategies help navigate a hard market

Community association boards can take steps to improve their chances of securing better premiums by using some simple yet practical insurance bidding strategies. During a recent CAI webinar, insurance professionals outlined several relatively easy steps boards can take to save money and protect homeowners’ investments when seeking insurance policy renewals in a hard market.  

Understanding the options: 7 steps to consider as communities face skyrocketing insurance premiums

Understanding the options: 7 steps to consider as communities face skyrocketing insurance premiums

Over the past year, most of the country has felt the effects of a hardened insurance market. Community associations are seeing fewer insurance options, experiencing more scrutiny regarding what insurance companies will write, and getting forced to find coverage more often in the surplus lines market. As community associations look at their insurance premiums and consider renewal, experts recommend seven steps for finding the best coverage.

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