While climate change has increased the prevalence of weather-related floods, water damage due to plumbing and appliance failures happen daily—and sadly, they are often preventable.
The recent collapse of a Florida residential building is an unimaginable tragedy that underscores the importance of structural safety and the consequences that could result from a failure.
Extreme weather events are directly impacting the cost of residential property insurance, but there are ways to keep rising costs at bay.
Experience as an insurance broker specializing in the condo segment shows that the majority of claims arise from liability.
Property managers can prevent damage and protect residents by closing information gaps before emergencies leading to insurance claims occur.