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036 | Avoiding A $1Million HOA Insurance Claim
Manage episode 395484271 series 3470637
Are you up against a huge HOA claim? Learn these key strategies to help you handle large insurance claims and how to avoid them!
❗Join our LIVE Podcast April 1st 2024 on Youtube! 👉 https://www.youtube.com/watch?v=24KbKsKyoNY
✅ Is a Reserve Study right for you? 👉 https://www.reservestudy.com/
Are you an HOA board member grappling with large insurance claims or potential lawsuits? In this episode, we’re getting into the complexities of handling significant insurance claims in HOAs, drawing lessons from a real-life case of a $1 million lawsuit. Kevin Davis shares his experiences and insights on noise pollution issues, legal disputes, and the importance of addressing reputational damages in community associations. Get practical advice on managing legal issues, maintaining civility in board meetings, and effective conflict resolution in your HOA. Plus, learn how to avoid common pitfalls that lead to costly mistakes.
Chapters from today's episode: Avoiding a $1M HOA Insurance Claim
00:00 Intro to preventing a big HOA insurance claim
02:40 Is Noise a Liability Problem?
05:00 A Real $1 Million Case
09:11 Traits of Reputational Damage
11:13 Old VS New HOA Board
12:15 The Insurance Provider Perspective
15:05 Suing as a 3rd Party VS Same Party
16:51 Defamation Vs Libel
17:32 Intentional & Willful Acts
18:21 What Insurances Will Do
20:51 What’s Happened to HOAs
22:17 The Solution
26:35 How Words Matter in the HOA Board
29:23 Behavior is The Culprit
Podcast Links:
Full Episode List
Watch On Youtube
Engage in the conversation!
Call our 24/7 voicemail line at (805) 203-3130 or send an email or voice memo to podcast@reservestudy.com
Nominate yourself or a Board Hero you Know!
Board Hero Nominations
Shop!
HOA insights now has its very own merch store! Our team has whipped up some hats, mugs, T-Shirts, & more that we think Volunteer HOA Boardmembers are gonna love. We also offer dozens of FREE zoom backgrounds. Available in our Boardmember Merch Store!
Connect with Hosts on LinkedIn
Julie Adamen
https://www.linkedin.com/in/julieadamen/
Kevin Davis, CIRMS
https://www.linkedin.com/in/kevin-davis-98105a12/
Robert Nordlund, PE
https://www.linkedin.com/in/robert-nordlund-pe-rs-5119636/
Support Our Sponsors
Association Insights & Marketplace
https://www....
Fejezetek
1. Intro to Avoiding A $1M HOA Insurance Claim (00:00:00)
2. Is Noise a Liability Problem? (00:02:40)
3. Traits of Reputational Damage (00:09:11)
4. Old VS New HOA Board (00:11:13)
5. The Insurance Provider Perspective (00:12:15)
6. Suing as a 3rd Party VS Same Party (00:15:05)
7. Defamation Vs Libel (00:16:51)
8. Intentional & Willful Acts (00:17:32)
9. What Insurances Will Do (00:18:21)
10. What’s Happened to HOAs (00:20:51)
11. The Solution (00:22:17)
12. How Words Matter in the HOA Board (00:26:35)
13. Behavior is The Culprit (00:29:23)
71 epizódok
Manage episode 395484271 series 3470637
Are you up against a huge HOA claim? Learn these key strategies to help you handle large insurance claims and how to avoid them!
❗Join our LIVE Podcast April 1st 2024 on Youtube! 👉 https://www.youtube.com/watch?v=24KbKsKyoNY
✅ Is a Reserve Study right for you? 👉 https://www.reservestudy.com/
Are you an HOA board member grappling with large insurance claims or potential lawsuits? In this episode, we’re getting into the complexities of handling significant insurance claims in HOAs, drawing lessons from a real-life case of a $1 million lawsuit. Kevin Davis shares his experiences and insights on noise pollution issues, legal disputes, and the importance of addressing reputational damages in community associations. Get practical advice on managing legal issues, maintaining civility in board meetings, and effective conflict resolution in your HOA. Plus, learn how to avoid common pitfalls that lead to costly mistakes.
Chapters from today's episode: Avoiding a $1M HOA Insurance Claim
00:00 Intro to preventing a big HOA insurance claim
02:40 Is Noise a Liability Problem?
05:00 A Real $1 Million Case
09:11 Traits of Reputational Damage
11:13 Old VS New HOA Board
12:15 The Insurance Provider Perspective
15:05 Suing as a 3rd Party VS Same Party
16:51 Defamation Vs Libel
17:32 Intentional & Willful Acts
18:21 What Insurances Will Do
20:51 What’s Happened to HOAs
22:17 The Solution
26:35 How Words Matter in the HOA Board
29:23 Behavior is The Culprit
Podcast Links:
Full Episode List
Watch On Youtube
Engage in the conversation!
Call our 24/7 voicemail line at (805) 203-3130 or send an email or voice memo to podcast@reservestudy.com
Nominate yourself or a Board Hero you Know!
Board Hero Nominations
Shop!
HOA insights now has its very own merch store! Our team has whipped up some hats, mugs, T-Shirts, & more that we think Volunteer HOA Boardmembers are gonna love. We also offer dozens of FREE zoom backgrounds. Available in our Boardmember Merch Store!
Connect with Hosts on LinkedIn
Julie Adamen
https://www.linkedin.com/in/julieadamen/
Kevin Davis, CIRMS
https://www.linkedin.com/in/kevin-davis-98105a12/
Robert Nordlund, PE
https://www.linkedin.com/in/robert-nordlund-pe-rs-5119636/
Support Our Sponsors
Association Insights & Marketplace
https://www....
Fejezetek
1. Intro to Avoiding A $1M HOA Insurance Claim (00:00:00)
2. Is Noise a Liability Problem? (00:02:40)
3. Traits of Reputational Damage (00:09:11)
4. Old VS New HOA Board (00:11:13)
5. The Insurance Provider Perspective (00:12:15)
6. Suing as a 3rd Party VS Same Party (00:15:05)
7. Defamation Vs Libel (00:16:51)
8. Intentional & Willful Acts (00:17:32)
9. What Insurances Will Do (00:18:21)
10. What’s Happened to HOAs (00:20:51)
11. The Solution (00:22:17)
12. How Words Matter in the HOA Board (00:26:35)
13. Behavior is The Culprit (00:29:23)
71 epizódok
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