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Cracking the Condominium Conundrum

Author: Chris Boggs

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How can a policy generating about $75 in revenue cost you $5,000, $10,000, or more? Believing that writing an HO-6 is quick and easy is the beginning of an E&O storm that can cost you thousands (your E&O deductible).

In this 33-page Big "I" Virtual University Risk & Reality Report, author Chris Boggs answers the three KEY questions faced by every agent when analyzing and placing coverage for either a unit owner or a condominium association:

     1. Who "owns" the property;
     2. What value applies to the owned property/what should be used; and
     3. Who is liable for bodily injury and/or property damage.

Whether you write the association or the unit owner, this report will be a valuable tool for you.

Check out this Risk & Reality Report's Table of Contents.

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What is a Big "I" Virtual University Risk & Reality Report?

Our Risk & Reality Reports are white papers adapted from various Big "I" Virtual University webinars and articles written by some of the industry's leading experts.

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