092 | HOA Insurance Tips for 2025 (Don't Breach your HOA Board’s Fiduciary Duty!)

10/02/2025 36 min Temporada 3 Episodio 92
092 | HOA Insurance Tips for 2025 (Don't Breach your HOA Board’s Fiduciary Duty!)

Listen "092 | HOA Insurance Tips for 2025 (Don't Breach your HOA Board’s Fiduciary Duty!) "

Episode Synopsis

Send us a textHOA insurance rates are shifting in 2025! Learn how to protect your HOA board’s fiduciary duty and secure the best coverage with expert tips.✅ Is a Reserve Study right for you? 👉 https://www.reservestudy.com/Big changes are coming to HOA insurance in 2025! Are you prepared?  Kevin Davis and Robert Nordlund break down everything your HOA board needs to know about fiduciary duty, rising insurance rates, deductibles, and key strategies to save money. Learn how deferred maintenance, climate catastrophes, and inflation are impacting the HOA insurance landscape—and why some boards will secure better rates than others. Don't get caught off guard! Chapter's From This Week's Episode:00:00 Why Your HOA Board’s Insurance Account Matters03:13 What HOA Insurance Will Look Like in 202508:11 How Climate Catastrophes & Inflation Impact HOA Insurance12:39 Good HOA Insurance Accounts Get Better Rates in 202517:12 Ad Break - HOA Invest17:49 How to Know If Your HOA Is a “Good” Insurance Account21:12 Why Internal Maintenance Lowers HOA Insurance Costs25:50 How Different Types of Natural Disasters Affect HOA Insurance Premiums28:17 Future Outlook for HOA Insurance Rates33:59 Final Thoughts from Kevin & RobertPodcast Links:Full Episode ListWatch On YoutubeEngage in the conversation! Call our 24/7 voicemail line at (805) 203-3130 or send an email or voice memo to [email protected] yourself or a Board Hero you Know!Board Hero NominationsBoardmember Merch Store!Connect with Hosts on LinkedInJulie AdamenKevin Davis, CIRMSRobert Nordlund, PESupport Our SponsorsAssociation Insights & MarketplaceAssociation ReservesCommunity FinancialsKevin Davis Insurance ServicesStokelight Video & MarketingThe Inspectors of Election