HOA Insights: Common Sense for Common Areas

055 | What Happens When You File An HOA Insurance Claim?


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Find out the steps to file an HOA insurance claim and deal with fraud, even when it’s only suspected!
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Ever wondered what happens when you file an HOA insurance claim? In Episode 55, Robert & Kevin break it down for you. They talk about the right steps to take, how to handle suspicions of fraud, and what to do when real fraud hits your HOA. This episode is packed with practical advice to help you protect your community and ensure you have the right insurance coverage!

Chapters from today's episode:

00:00 Introducing HOA Merch Shop!
 00:31 Be Careful About Accusations in Your HOA
 03:11 Listener Question - Suspecting Managers of Fraud
 04:14 Don’t Make Assumptions on Feelings 
 08:20 Insurance Doesn’t Accept Claims Based on Suspicions 
 11:35 Doing Your Due-Diligence Before Submitting an Insurance Claim 
 16:05 What Happens When Real Fraud Occurs in an HOA
 19:27 Ad Break - Association Reserves 
 19:59 Problems When Your HOA is Underinsured
 25:56 Sometimes Bad Things Happen & Be Prepared

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Kevin Davis, CIRMS

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HOA Insights: Common Sense for Common AreasBy Hosts: Robert Nordlund, Kevin Davis, Julie Adamen

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