CID Carriers/ Wholesalers, Agencies, and professionals
We are seeking insurance professionals and companies that currently serve the Common Interest Development Industry, encompassing Course of Construction coverages to Community Association Risks. We are an interactive platform, not an advertising medium. The increase in premiums in recent years has sent a shockwave through the CID industry. Through case studies, forums, and industry articles, we want to educate board members, portfolio managers, and homeowners on risk management and the reality of insurance underwriting.
Our platform is structured for local interaction at the County, zipcode, and community level.
We have mapped all US states, Regions and Counties, plus County insurance posts, where we feature FEMA hazard assessment and risk managers who work in the county. This post will host all Insurance Case studies, forums and articles related county insurance issues. All CID that are profiled by CID Professionals or Boards will be mapped in Zipcode Posts. We direct all participating professionals to identify with the market areas they serve. All property owners and industry professionals connect directly with one or more communities. In the insurance industry, we are looking for CID specialists. Carriers, agencies, and agents that community associations are allowed to demonstrate their expertise through articles, forums, and case studies. HOAhomepage helps boards understand their risks and find the professionals who can help mitigate community risks, and connect with the carriers that specialize in their needs.
Below is an overview of how we are approaching Insurance and Community Association risks. All registered Insurance professionals will be included in our Insurance Industry Directory. When you are ready to register click on the appropriate category.
Insurance Industry Registrations:
The insurance agent is the single “indispensable” professional in the governance of a community association. This registration category is for CID specialists who recognize the trust that is invested in them.
HOAhomepage considers the insurance needs of CIDs to be the greatest challenge for community leadership. We need agents who can be the conduit to the Insurance Industry for Boards and property owners generally. If Risks can be mitigated, it starts with the agent.
Agencies that specialize in CID are easy to recognize. Not only by the number of CID clients, but also by the staff members with CID credentials. When boards choose an agent, they are also selecting an agency. We want boards to get to know the Agency that backs up their agent.
We have set up County Insurance and Risk Management for every county in the US. Every agency will be linked to these county posts, where they do business. Additionally, agencies will be able to connect with each HOA profile post for their client communities.
We are going to strive to profile the Carriers and Wholesalers that have designed CID specific products. These profiles are not only for CID leadership but for independent agents across the country. We want to match communities with the insurers that specialize in specific community types and can help communities mitigate those risks.
We are going to publish case studies (keeping communities anonymous) with those carriers willing to participate. These studies will focus on location-based risks and community types. We want Boards to be able to find a case study that matches their location, community type, and risk type, anywhere in the US.
For branding the corporate or divisional leadership and professional staff, such as underwriters, Claims, and others who regularly interact with clients and agents.
We intend to feature and promote risk management professionals serving community associations. We are looking for firms that serve multiple counties within our regional structure. Someone in your firm must hold an active CIRMS credential. Or agree to obtain one. All CID related credentials are important to this model.
HOAhomepage is recruiting insurance agencies to participate in selecting CID managers to lead teams of CID professionals regionally. These teams will profile individual subdivisions. Our agency partners will curate CID insurance information and RM advice on a regional level through our regional structure. HOAhomepage
They will host a risk management forum and develop a risk assessment survey for communities. Additionally, we want to archive your articles, videos, and other information, that feature your firm. The point is to have you available to respond to our homeowners, boards and portfolio managers.. We will deliver this information to a targeted audience, who are owners of, or have a special interest in specific HOAs in the region. You would be part of a system that will catalog all residential and commercial CIDs in the US to form a registry. Your profile will include metadata from every CID in your region. You can also choose the portfolio managers who will help promote you.
Case Studies
As part of our series of fiduciary studies that focus on the CID budgetary process, the Insurance/Risk Management study seeks to create an interactive tool for boards and portfolio managers to find the most affordable options for community insurance needs. Each study will include risk mitigation suggestions from industry professionals.
Our primary audience for this study’s results is board members struggling with rising premiums. Communities participating will benefit from the best professional advice available in their region. And the CID professionals and companies who participate will be showcased throughout the site. Home builders will be able view studies in locations that match current projects and possibly implement mitigation tactics during construction.
More on Risk Management
Every association located in a region that experiences natural disasters considers the risks for the community, and seek the appropriate RM professional. However, all association boards need to understand all risks to the community components, as well as their property owners, and have in hand advice they can pass on. However, retaining an insurance company with risk management credentials to help guide policy is not common. Typically, a board will turn to its insurance agent to help plan mitigation, which is the prudent thing to do. We believe, however, that the CIRMS contributes much more insight and access to current industry information. And we want to promote professionals who are experts. We intend to publish articles, links, forums, and any other information contributed by our insurance associates, intended to inform boards of their due diligence. We want to promote, on a regional level, insurance agencies that are branded as common interest insurance specialists and have a footprint in each county in the region. From this regional perch, our insurance specialist will be branded on everything published in the region. see below. We are not creating a directory; in fact, we are looking for companies where our data collection structure and their business development efforts are compatible. We plan to maximize your market share by not only branding you with association portfolio managers, but with board members all over your region.
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Insurance carriers and agencies
HOAhomepage will be seeking Insurance Carriers and Agencies, regional management companies, and local portfolio managers in all US states. These insurance agencies will connect a CIRM with each county where they want to participate. The portfolio managers will select CIDs of certain types to be part of the study. Carriers /who want to participate in these studies, will have the opportunity to moderate new studies or be invited by local professionals. Carriers will be encouraged to have underwriters moderate case studies.
CID Builders and Investors
The Building industry must pay attention the solutions we discover in this effort.
Builders have been impacted by insurance coverage for CIDS for decades. We want builders to participate in our insurance/risk management study because they create the initial CA budget and are named insured in the CID policy. This platform is also for CID investment portfolio management, with properties covering numerous CIDs, which can offer valuable insights.
CID professionals (CIDpro)
Over the next few years, we will build a network of vetted CID portfolio managers, and professionals in ancillary industry services in all fifty states. These professionals will participate in the study of all major budgetary line items.
Codifying the CID Industry
HOAhomepage provides transaction management for the exchange and development services for home builders.
As part of this registry, data collection will catalog all individual CIDs across the US. Additionally, as we deliver our services, we will build a network of property owners, to connect with these CIDs. We intend to make volunteering to serve on the board less daunting. In particular for “Self Managed” communities.
Browser search engines like Google, use more and more complicated algorithms to return results on submitted search terms. However, the browser also looks for relevance of pages to the searcher, by looking at their internal profile and settings. Regardless of whether the profile includes the search terms, if a page includes some meta data that also appears in their user’s profile, it will return high on the search results. On our site we use AI applications that dynamically update SEO settings as data is archived.
Your published profile on HOAhomepage will have links to every CID in your region, once added to our registry. In most of our regions there will be thousands of CIDs. You and your agents will be branded on the published profile of the community.
Subject communities
We will target communities based on regions and CID type. The list below includes both residential and commercial use.
- Condominiums (highrise)
- Condominiums (lowrise)
- Attached (PUD)
- Detached (PUD)
Portfolio managers
HOAhomepage will be actively recruiting CID portfolio managers to participate with Insurance agents in forums and case studies and help boards vet ancillary CID services.
Homeowners
Homeowners, specifically board members are our primary constituency. Consequently, we will be actively recruiting board members to participate in these studies. Each study will have an associated forum for boards and professionals can interact.
Regional Structure
HOAhomepage.com is developing a national registry of common interest subdivisions, including developable land and course of construction developments. The data collection is organized on a regional level, for example California has 13 regions- using commonly used real estate descriptions, which include one or more counties. Each county is divided into HOABlocks of varing sizes, based on the number of CIDs included. Each subdivision is profiled to provide investors and other buyers with a snapshot of the community, including market data, but also information provided by residents. For investors, this profile includes the estimated ROI by model type, prepared by the HOAblock appraiser. For prospective resident owners, the profile focuses more on the community and the municipality it is located in. The profile data is tailored by the user, based on their needs and the data available. We collect information that becomes available during real estate transactions. However, our interactions with prospective owners start well before they enter the market, by our design. Our research revealed certain common characteristics of several buyer types where we can connect with them years in advance and help enhance their expience. To maintain the relationship over this period, we created the Common Interest Property Owners Association, as an information hub and social network. But this association also allows us to scale the solutions we identify.
Research and Self managed Advisory
HOAhomepage has been researching the industry for 25 years. In recent years, we have been looking at the professionals who serve this industry. We were looking for the standout companies and innovative ideas regarding management and marketing. Not surprisingly, what we found is that the property owner’s “trust factor” is largely directed at the portfolio manager versus the management company. However, brand recognition is mostly the company’s brand. According to the CAI, there are about 55k certified managers in the US. Most of these managers hold some credentials other than those related to community management. RE licenses, appraisal, mortgage, and property inspection are some of the credentials we found. Our platform harnesses this pool of professionals by allowing a selected few to market themselves through our platform. CID Real Estate: We organize and manage transactions through an owner-to-owner property exchange, in addition to providing the building industry with developable land. Data will be collected each time we manage a transaction. Below, I will try to give you an overview of the business model, but the entire system revolves around what we call an HOABlock. An HOAblock is a target market of common interest developments. The objective of HOAhomepage is to develop the structure of a data collection system in conjunction with a localized advisory service directed at three types of consumers. Board members, homeowners, home buyers.
- Board members: Initially targeting self-managed communities. The advisory service will vet professionals who are part of community governance, like election services, mediaries, attorneys, hosting online meetings, replacement reserve services, collection services etc. The core revenue stream will come from managing the RFP process, as well as specialty consulting. fees.
- Homeowners: The advisory service will vet professionals that the homeowners might use, that have a working knowledge of CIDs. This will include real estate professionals, appraisers, trust services, inspection service, investment advisors and many other displines.
We are dividing the US into regions within each state. These regions are information hubs
Our objective is to serve the leadership of community associations. Conversely we are providing CID professionals with a platform to focus their branding efforts. We do this by engaging with professionals
The premise is that if CID professionals can brand and engage directly with property owners in communities where they would like to boost their brand, they will enhance their personal professional profile and increase the probability of receiving “Requests for Proposal” from prospective clients.