CORONAVIRUS: A Tsunami is Coming… Is Your Condominium Ready to Weather the Storm?
Insurance…the least exciting topic on any board’s agenda. But before your eyes glaze over, consider that at this unsettled time, the adequately insured condominium that is committed to the best practices regarding Covid-19 containment – will weather the coming flood of insurance claims more readily than most. Many condominiums in Massachusetts are suffering – or about to suffer – less financial stability than in years past. Common area fees and assessments are getting harder to collect as long-term high unemployment is