Hurricane Insurance Prep Is Key For Fla. Condos And HOAs, Published in Law3602022-07-07T18:31:39+00:00
07.07.2022 // Attorney, CONSTRUCTION LAW WATCH, Florida, NEWS, Press Releases, Publications
Hurricane Insurance Prep Is Key For Fla. Condos And HOAs, Published in Law360

Kelly Corcoran’s article covering hurricane preparation for condo and homeowner associations was published on 6/30 in Law360. His article details how community associations must prepare for hurricane season by ensuring they’re governed by the appropriate chapter (either 718 or 720). These chapters provide the necessary insurance guidelines for both community bodies, and if a condo/homeowner association is not properly categorized under their specific chapter (718 for condo associations, 720 for homeowner associations), then coverage for property damage/loss will be severely hindered. Kelly also details other aspects of coverage for condo/homeowner associations to review.

“There are also several types of coverages to review, including property (all risk v. named perils), windstorm (loss caused by a windstorm, tropical storm, hurricane, etc.), and flood (loss caused by rising water),” writes Kelly. “Property policies cover the cost to repair, rebuild, or replace the property that suffered direct physical loss or damage caused by a covered cause of loss. Whether a cause of loss is covered depends on if the policy is an “all-risks” policy (all risks are covered unless excluded or limited) or a “named perils” policy (covers only listed perils, e.g., fire, hail, lightning, etc.). Most property policies do not include coverage for damage caused by a flood. In this instance, an owner must procure a separate policy covering flood damage.”

Throughout the article, Kelly stresses the importance of reviewing insurance coverages ahead of a major storm to prevent property loss from being a catastrophic event. With proper review and implementation, any loss during a major hurricane can be recouped.

To read the story in full, click here.


Ball Janik LLP was founded in 1982 with six lawyers and a four-person support staff in Portland, Oregon. Since our firm’s inception, we have expanded our capabilities, our professionals, and geographic footprint. What started as a firm focused in real property and land use (known then as Ball Janik & Novack), has grown to include the insights of a team of 30-plus attorneys, with a combined six centuries of experience, and capabilities including Real Estate and Land Use, Construction Defect, Commercial Litigation, Insurance Recovery, Construction and Design, Employment, Finance and Corporate, Public Agencies and Schools, and Community Associations. With offices in Florida and Oregon, our regional growth has earned us a national reputation for upholding the rights of our clients.

Ball Janik LLP has been recognized by Chambers USA, U.S. News & World Report and Best Lawyers®, The Best Lawyers in America©, and Corporate International. Ball Janik LLP’s success and integrity have repeatedly made it one of “Oregon’s Most Admired Professional Firms,” according to the Portland Business Journal’s survey results of CEOs throughout the region.

Kelly M. Corcoran
Orlando, Florida
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