Dedicated to Community Associations
At Community Risk Advisors, LLC (CRA), we are not generalists—we are insurance specialists for condos, HOAs, and multi-family communities. Our […]
Community Association Insurance: Common Myths vs. Facts
Insurance is often one of the least understood parts of a community’s risk management strategy. Board members and unit owners […]
When the Storm Hits: Downed Trees
Severe weather commonly raises questions for community associations, especially when trees come down. Who removes the tree? Who pays for […]
Rising Construction Costs & Your Community Association’s Insurance
What Boards Need to Know Over the past several years, community associations across the country have faced a perfect storm […]
What is coinsurance & how does it work?
For condominium and community associations, property insurance is one of the largest—and most complex—budget items. Among the most misunderstood components […]
Why Electronic Premium Payments Make Sense for Community Associations
Managing association finances securely is a core responsibility of boards and property managers. One area receiving increased attention is how […]
Currently Valued Loss Runs: What Property Managers Need to Know
As a property manager for condominium and homeowners associations, you are often asked to provide a currently valued loss run […]
How the Community Association Insurance Renewal Process Has Changed — and What Managers Need to Know
In past renewal cycles, many condominium and homeowner associations saw relatively straightforward insurance renewals with incumbent carriers: updated applications, routine […]
Understanding Property Insurance Forms: Basic, Broad, and Special Coverage for Condo Associations & HOAs
When a condominium or homeowners association purchases property insurance, one of the most important—and often overlooked—decisions is the policy form. […]
Costly Insurance Mistakes to Avoid
Insurance premiums don’t increase randomly, and non-renewals rarely come “out of nowhere.” In today’s insurance market, carriers are scrutinizing risk […]
Condominium Master Policy vs. Unit Owner Policy: What Associations Cover — and What They Don’t
Few challenges create more confusion — and more conflict — than insurance responsibility after a loss. When multiple units are […]
Our condo association isn’t a target for cyber-attack.” That’s exactly what cyber thieves want you to think.
Data breach and cyber attacks are more prevalent than ever, and no business, large or small, is immune from cyber […]
Billing types: What You Need to Know
When you purchase an insurance policy, one important detail that often gets overlooked is how the policy is billed. Some […]
What Is Premium Financing and How Does It Work?
Introduction Insurance premiums can sometimes represent a significant financial investment, especially for communities with large or specialized insurance programs. While […]