Community associations need to tread carefully when it comes to security. Employing various security measures and creating a perception of security could make communities liable if a crime occurs. What should associations do to minimize liability?
As property insurance rates are somewhat stabilizing in 2022, umbrella liability rates continue rising for common interest communities. New challenges are emerging in the insurance landscape, and it is imperative for board members and community managers to partner with credentialed and experienced professionals who will guide them through this social inflation crisis and will help them mitigate liability claims.
Concerns stemming from the COVID-19 pandemic have delayed pool openings at some community associations. State laws offering limited liability protection are helping boards finalize plans for the 2021 summer season.
