Barker Martin

Condo-HOA Blog - Coverage Counsel

Complete Coverage Should Not Be an Alien Concept

I recently read an article stemming from NASA's discovery of seven exoplanets, three of which may support life. The article discussed an insurance company called Budget Insurance that is now issuing policies protecting policyholders against alien invasion. After doing some digging, I also discovered that another insurer is selling alien abduction insurance. The latter company has already sold more than 30,000 policies (I was unable to verify whether any of the policies have paid out). read more

I Don't Think We're in Kansas Anymore

Kansas, of course, is in the heart of Tornado Alley and home to the most famous tornado of them all: the one that swept Dorothy into the Land of Oz. Recently, however, Oregon and Washington felt the effects of multiple tornadoes. Two tornadoes touched down in Oregon in October. Tornado warnings were also issued for several cities in Washington. The tornadoes and strong winds wreaked havoc on homes across Oregon and Washington. Although not frequent, tornadoes do occasionally touch down in both Oregon and Washington. Because we are not accustomed to tornadoes, many are probably wondering whether their homes and associations are covered. Fortunately, property damage caused by strong winds and tornadoes are typically covered under standard homeowner policies. To be safe, a simple phone call to your broker or agent will confirm the coverage. read more

The Price is Wrong

As a kid, whenever I was home sick I'd be faced with the inevitable problem faced by thousands in my situation: what to watch on daytime television. As soap operas were not my speed, I'd almost always settle on game shows. My favorite, like many, was the Price is Right. Some days I'd be lucky enough to catch my favorite part of the show; the $1 bid. When the other contestants grossly overestimated the value of the showcase, the entire audience (and one sickly kid watching from home) would be yelling for the contestant to bid $1. A victory for that contestant felt like a victory for all of us. read more

Informed Decisions

Over the years, Barker Martin has represented many community associations in claims for construction defects and insurance claims. We're proud of our track record in representing homeowners, condo and homeowner associations. The financial impact and hardship that results when a community association faces repairs due to construction defects or significant damage and deterioration is a serious problem for both new and older communities. Repairs are expensive, in some cases expensive enough to result in unpaid assessments and foreclosure. For some owners, the outcome of a construction defect or insurance claims dictates whether or not they can stay in their home. We take that seriously. read more

The Joy and Pain of Moving

At the end of the month, our Portland office will be moving to a new location. Like any move there is always an element of joy and a modicum of pain. We are overjoyed with the new location and the new space. As many of you can relate, moving comes with a fair amount of work. Offices can accumulate as much junk as any homeowner can and weeding through can be a painful task. In my effort to help clean up the office, I found a package of ramen noodles that expired in 2012. That is two full years before I even started working at Barker Martin! (I apologize to any former employee who was saving those for a special occasion). read more

< Previous | Next >
Go to Page: