Let’s be honest: the insurance market for Colorado HOAs right now, kind of brutal! Premiums are skyrocketing, providers are tightening their standards, and some communities are struggling to even get a policy. The question isn’t “Will insurance stay expensive?” It’s “How do we make sure our association still qualifies for it?” The goodGo to Resource
** This article was originally published in the CAI-SOCO Community Connections Magazine Q2 2025 ** A Two-Step System That Allows You to Thrive In Our Industry This issue of Community Connections is all about systems that help us thrive professionally. As a 25+ year practicing HOA attorney, I can certainly point to timeGo to Resource
The passing of SB24-021 effectively amended Section 116 of the Colorado Common Interest Ownership Act (CCIOA), updating the criteria for an association to qualify as a small or limited-expense community. The statute required a notice be sent to associations across the state from the Colorado Department of Regulatory Agencies (DORA) regarding this exemption.Go to Resource
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