Understanding the difference between a maintenance obligation and an insurance obligation is a crucial part of community living.  Maintenance and insurance obligations differ between associations depending on how the governing documents are drafted whether the association is classified as a condominium, townhome, or single family community.  It is important that an association understand the differenceGo to Resource
Unfortunately, we continue to see major increases to insurance premiums in Colorado, and for some communities, insurance has become practically unaffordable.  In fact, it is no longer unusual to see annual premiums ranging between $600,000 and $800,000 for some associations, with no sign of relief in the near future. So, what are associations to doGo to Resource
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