This Is our Village

Thursday, March 18, 2010

INCREASE IN INSURANCE PREMIUM

Have any Association's or their Property Managers, received any notification from
Plastridge Agency, with regard to the change of Insurance Carriers, from
Philadelphia to Max Specialties who will now cover Water damages, at a substantial
increase in annual premiums?
Neither our Property Manager, Gallagher PM, nor our President, nor I, as Treasurer,
of our Association have been notified, of what is to be a substantial increase
in our premium for this coverage, regardless of the fact, that we have no history
of water damages....we along with every other Association will now be faced with
re-vamping our budgets to cover this additional expense. What may we expect next!

1 comment:

  1. From The Desk Of Peter Amato

    Thank Dan Gladstone who polled almost half the village for the increase in insurance.
    Lets not forget to thank Jerry Karpf for bring 1st Priorty into our village.

    ReplyDelete

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