answersLogoWhite

0

Even if a condo association does not have direct employees, there can still be potential situations where workers compensation coverage is beneficial. For instance, should an injury happen on site to a worker from the property management company or to a subcontractor, some states might hold the property owner (the condo association in this case) liable, despite the worker not being a direct employee of the association.

It's also worth bearing in mind how your property management company handles their own insurance. Some property management firms, like Daisy Property Management, ensure that all their staff and subcontractors are properly covered, giving peace of mind to the condo associations we support.

However, it's always beneficial to have a comprehensive review of your condo association's insurance portfolio completed by a licensed insurance professional to ensure there are no gaps in coverage. This should ideally be updated annually or when there are significant changes to the association's properties or operations.

What else can I help you with?

Related Questions

Do you have to use insurance money for repairs?

In most cases, if you have insurance coverage for repairs, you are required to use the insurance money for those repairs.


What documentation is required as proof of repairs for homeowners insurance claims?

Homeowners insurance claims typically require documentation such as repair receipts, invoices, photos of the damage before and after repairs, and any relevant permits or licenses.


Can you pay your auto insurance deductile after repair work is done?

I think this depends on the insurance company. When I was in an accident (I was at fault), the insurance company required my collision deductable up front before they started repairs on my car.


Does home owners insurance cover required city permits due to damages to the home?

Your insurance will pay the contractor. The contractor gets the required permits. The contractor will have already factored in the cost of any permits needed to make your repairs into his bid for the job.


where can i get insurance that covers all auto repairs ?

US Fidelis offers insurance for auto-repairs. They pay the repair shop while you pay your monthly insurance cost to them


Will a auto insurance policy pay for routine vehicle repairs?

No - insurance is for sudden and accidental damage. Routine repairs are considered maintenance and maintenance is not covered under any insurance policy.


Insurance for mobile mechanic repairs?

You need commercial General Liability Insurance


Does care insurance pay for automotive repairs?

If you are speaking of mechanical repairs the answer is no. Auto insurance is only made to pay for damages from covered accidents or comprehensive claims. Maintenance and mechanical repairs are not covered causes.


Can I keep the insurance money for my roof repairs?

Whether you can keep the insurance money for your roof repairs depends on your policy and the specific circumstances. It's important to review your policy and consult with your insurance company to understand the terms and conditions regarding the use of the funds for repairs.


Can you keep insurance claim money for roof repairs?

No, insurance claim money for roof repairs should be used to repair the roof as intended by the insurance policy. Keeping the money for other purposes may be considered insurance fraud.


Can you do the home repairs yourself and get paid by homeowners insurance?

Just contact your Home Insurance Company and ask them about it. Many companies are fine with this for small claims or minor repairs.


Can you refuse to have an insurance company carry out repairs to your van and do them yourself after an rta?

after an insurance company is involed after a road traffic accident can i refuse thier offer and do the repairs myself