My Account Services About Us Resources Forms  
 
 
MOVING FORWARD WITH JBC


Looking for more information on professional Association property management?

Would you like to learn more about JBC Property Management and our complete list of services and pricing for your Association?

Please click here for more information.

Ask Yourself This...
Operational Management
Maintenance Services
Financial Management
Contractor Management
Insurance Administration
Compliance
Communication/Meetings

ASSOCIATION DEMO SITE


SEARCH OUR SITE         
  Services - Insurance Administration & Risk Management

JBC Property Management is skilled in risk management, the process of making and carrying out decisions that will minimize the unfavorable effects of accidental losses at a community Association. We have extensive contacts within the insurance industry to help the Board of Directors secure appropriate coverage at a reasonable rate. In addition, JBC Property Management is experienced in one of the most important, but least exercised skills in Insurance Administration, determining when not to submit a claim under the master insurance policy. JBC Property Management can assist the Board of Directors in securing the appropriate coverage for property and liability insurance.

Following is a list of insurance administration services provided by JBC Property Management:

  • Counsel and advise the Board concerning generally accepted industry standards.

  • Assist the Board of Directors in developing an insurance program that offers the appropriate coverage and defines the different types of insurance and endorsements a community Association needs: Property and Liability, Umbrella, Directors and Officers (Covering the actions of a Board as a whole), Workers Compensation, Building Ordinance, Boiler and Machinery (if applicable) and Flood (if applicable).

  • Assist, secure and monitor annual insurance policies.

  • Ensure that insurance coverage is at least the minimum coverage set forth in the Declaration of Covenants.

  • Assist the Association and its qualified insurance agent in placing the required insurance by providing required information.

  • Receive and report to the insurance agent any known incident which may result in an insurance claim for which the Association may have responsibility.

  • Report to the Association any accidents, fires, or other claims related to the management, maintenance, and operation of the Association's property.

  • Coordinate and administer insurance claims on behalf of the Association.

  • Prepare the necessary information to assist the insurance carrier in the event of a workers compensation audit.

  • Provide annual review of coverage, costs and obtain competitive bids.

  • Analyze the Association's exposure to possible loss.

  • Explore alternative risk management techniques and determine if appropriate.

  • Implement the risk management techniques decided upon by the Board and monitor the results.
     

 

 

 

  Copyright 2008-2017. JBC Property Management, Inc. All rights reserved.  

| Site Map |