Tag Archives: Condominium Insurance

Who is Responsible for Carrying Insurance on a Condominium?

Introduction For many people, purchasing a home is the largest investment they will make in their lifetime. While owning real estate should be considered an investment, it should also be viewed as a risk. Aside from the risk that the property will decrease in value, every homeowner should consider the risk that the property could be destroyed, as well as

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Michigan COA rules that Condo Association’s Insurance Policy may cover water damage resulting from construction defects

In Walters Beach Condominium Association v Home-Owners Insurance Company, unpublished opinion of the Court of Appeals, issued November 16, 2017 (Docket No. 335172), the Michigan Court of Appeals held that water damage caused by construction defects may be covered under a condominium association’s insurance policy.  At issue was a rain storm caused water damage to 4 units in the Walters

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Location and Time Changed for the 9/11/17 Traverse City Condominium Seminar

Due to renovations at the TAAR Building, Kevin Hirzel’s Traverse City Condominium Seminar has been moved to the Park Place Hotel and will start at 6:00pm.  The updated information is below: Director Liability and Insurance Basics for Condominiums Date:         9/11/17 Time:        6:00pm Location:  Park Place Hotel (Leelanau/Torch Lake Room), 300 East State Street, Traverse City, MI  49684. Details:     This

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