
I recently sat down with Cory Neubauer, Managing Partner of NEXTIER Insurance Services, to tackle one of the most pressing and controversial issues in the HOA world today—insurance. With skyrocketing premiums and shrinking coverage options, many HOA boards and community managers are struggling to navigate the current landscape.
Cory broke it all down, explaining the real factors driving insurance increases beyond what the media reports. He shed light on the California Fair Plan, the FHA insurance dilemma, and what the future holds for 2025. Plus, he shared practical advice on how HOAs can use preventive maintenance to impact insurance costs and what steps they can take to mitigate risk.
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