Deeley Insurance Group is pleased to announce Hope Thomas as the agency’s Top Client Advisor for the Month of February. The distinction is awarded to the associate with the strongest sales performance, and this marks the fifth time in 12 months that Thomas has been named Deeley’s Top Advisor. Thomas joined Deeley in October 2016,…
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Getting volunteers to serve on the Board of a Community Association can be difficult. After weeding out the people who may have joined for personal agendas, you are left with a few dedicated individuals who selflessly give of their time, knowledge and energy to run the association. Even with professional management, running a community association…
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What’s happening? Effective 2/7/2024, new guidelines were rolled out regarding condo master insurance policies in relation to conforming loans with Fannie Mae. The Issues Replacement Cost Value The master property insurance policy must provide for claims to be settled on a replacement cost basis. Property insurance policies that provide for claims to be settled on…
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The insurance renewal is completed, the coverage is procured, and the Board and management let out a collective sigh of relief. Due to market conditions, many communities are changing carriers. When writing new property, or every few years, carriers will send a Risk Inspector out to view what they are insuring and make sure the building…
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Condominium associations take on a certain level of risk—it’s unavoidable. Losses related to fires, floods, and other types of exposures are common for organizations of all kinds. To address these concerns, the right insurance policy can prove invaluable, allowing you to transfer risks and focus on running the community. And while insurance carriers will cover…
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In Community Associations, there is a Best Practice to not enact any rule you cannot enforce. When contemplating rules for community harmony, Boards and management also must contemplate who will enforce the regulation and what penalty will come to the rule breaker. In October 2023, Maryland Community Associations were required to complete reserve studies and…
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In an effort to keep homeowner complaints down to a minimum – you may want to educate the Board and homeowners on the current regulations surrounding personal/recreational use of marijuana. These regulations change from State to State and we have provided a small recap below. An uninformed owner may start making complaints to management or…
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What We’re Seeing Locally We’re still in a hard market, but we’re seeing reasons to be optimistic as we progress through 2024. While we’re still seeing premium increases, they seem to be smaller percentages than last year. So far in 2024, we are seeing 15-30% increases versus last year’s 30-150% increases. Increases for habitational buildings…
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Deeley Serves is having a busy start to the year! We kicked off 2024 sponsoring the 30th Annual Penguin Swim, raising funds for Atlantic General Hospital. We’ve been volunteering at the new Perdue Henson Junior Achievement Center, where we teach financial literacy and job preparedness to students from across Delmarva. We’ve spent several rewarding evenings…
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While most significant factors, such as weather conditions, climate change and economic inflation, are out of the control of homeowners, policyholders must still consider steps they can take to mitigate rising premiums and find any potential savings that may be available. Retaining adequate insurance protection is vital for financial security, even during difficult times. Consider…
DetailsYou are about the leave our site and submit the information to pay your bill. A licensed agent from our team will need to process your payment to make it official – we cannot bind coverage via web request. Let us get to work for you. Want to talk? Call us. 410-213-5600
Client Support Team
Deeley Insurance Group
You are about the leave our site and submit the information to pay your bill. A licensed agent from our team will need to process your payment to make it official – we cannot bind coverage via web request. Let us get to work for you. Want to talk? Call us. 410-213-5600
Client Support Team
SCD Intermediaries
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