Insurance

The State of California requires associations to maintain specific insurance policies. SwedelsonGottlieb advises community association clients on

• Policy types and limits required
• Pros and cons of obtaining additional insurance, such as earthquake and flood
• Deciding to cancel optional insurance
• Coordinating insurance proceeds payouts with homeowners
• Resolving disputes with homeowners or the insurance carrier
• Educating the insurance representatives on the community association governing documents, including what is common area versus separate interest property
• Negotiating settlements
• Drafting insurance deductible policies that clarify who is responsible for the insurance deductible in the event of a loss within an owner's separate interest or for damage caused by a homeowner or their invitee
• Defending against subrogation claims
• Advising insurance carrier assigned attorneys
• Overseeing litigation covered by insurance 
• Tendering Claims

Articles

• Insurance - Tendering a Claim