Do not miss the opportunity to view the beauty of the old churches in downtown Frederick – known as the “City of Clustered Spires.” This is a group of historic church steeples from Evangelical Lutheran Church, All Saint’s Episcopal Church, St. John the Evangelist Roman Catholic Church, Trinity Chapel, and more. Cultural attractions include the […]
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Be sure also to visit the Monocacy National Battlefield, where the Battle of Monocacy Junction took place in 1864 (often referred to as “The Battle that Saved Washington, D.C.”) These sites provide educational and outdoor exploration. Frederick’s charming downtown can be enjoyed on foot to take in the 18th and 19th century architecture. Historic walking […]
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People refer to Frederick as historic, charming, vibrant, and the heart and soul of a city brimming with culture. I think Frederick, Maryland captures all of these qualities. It offers a history of events of national importance. Whether taking in the sites on foot or venturing out to Frederick County, Frederick offers plenty of reasons […]
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As we look back at 2023, we saw double digit premium increases, higher deductibles and coverage restrictions. Will 2024 be more favorable? Predictions reflect that we may not see any rate relief until 2025. Factors that have influenced the property insurance market include years of inflation, severe weather and litigation claims that continue to hit […]
Read MoreBEWARE of the recent HB98 – There are still no concrete answers to the proper coverage! Background Currently, §11-114 of the Maryland Condominium Act requires that condo associations obtain insurance on the entire condominium, including the units less improvements and betterments installed by a unit owner. Starting Oct. 1, 2023, HB 98 provides an exception […]
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Have you received your renewal? Are your property insurance premiums increasing? We are all shocked when we receive our renewal policy to find out: The premiums have increased by double digits higher deductibles adding separate wind/hail deductible adding per building/per unit deductible coverage limitations limitations on roofs These are just a few changes being made […]
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THIS POST HAS BEEN UPDATED WITH THE NEW MARYLAND INSURANCE ADMINISTRATION BULLETIN. The amended law affects detached units organized under a condominium regime and is effective Oct. 1, 2023. Why the change? In recent years, some real estate developers have established condominium single-family homes that are not physically attached to other condo buildings. This has led […]
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Many condominium owners believe that the association’s master policy provides adequate protection. However, the master policy insurance that protects the building does not protect the interior of the individual condominium units. Make sure your limits are adequate based on your documents. Prior to purchasing an HO-6 Condo Homeowners insurance policy, you should understand how your […]
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National Insurance Awareness Day serves as a reminder to all individuals and small business owners to review their insurance policies to make sure they have the right coverage. This day was first launched in 2010 by the National Association of Insurance Commissioners (NAIC).https://content.naic.org/resource-center This day highlights the importance of protecting your finances, health, property and […]
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As a result of the hard market, we are seeing programs that were specifically designed for community associations being discontinued, insurance policies being non-renewed or cancelled, increasing property values and more insurance inspections. I have been in the insurance industry for over 50 years specializing in the habitational sector and have seen the cycles that […]
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