Questions about the shape of a roof as well as what kind of metal roof often arise, so we want to provide some images to help clarify. Roof Shape A gable roof and a hip roof are two common roof…
The relationship between a condo master insurance policy and a condo unit owner’s insurance policy is a critical aspect of condominium ownership that should be clearly understood as they need to perfectly mesh with each other. The potential risk of…
The Vital Shield: The Importance of a Stand-Alone Directors & Officers Insurance Policy for Community Associations Community associations, such as homeowners’ associations (HOAs), condominium associations, and cooperative housing boards, play a crucial role in maintaining the quality of life in…
In recent years, the property and casualty (P&C) insurance sector has experienced significant upheaval. Factors like inflation, supply chain disruptions, and natural disasters have impacted insurance claims costs. Then Hurricane Ian in 2022 was a 2-ton anvil that broke the…
In a climate where multifamily construction costs are rapidly evolving, Crescent Insurance Advisers brings to the forefront crucial numerical data, informing property owners of the imperative to align their insurance coverage with current market realities of construction costs. This approach…
What we are experiencing since January 2023 in the multifamily insurance industry, and coastal property in particular, is unsustainable – especially as owners and managers struggle with the effect that higher interest rates is having on asset valuation. With the…
If you are an apartment complex owner or operator, this is an important topic to understand when it comes to insuring your apartment buildings. When insuring large apartment complexes with multiple buildings, commercial property insurance policies typically offer two coverage…
Since wind is one of the higher risks on the coast, insurance carriers normally have a separate, higher deductible for claims caused by this. Also this deductible normally is factored as a percentage of the insured value of the home…