Condo Owner Associations (COAs) play a vital role in protecting shared property and ensuring financial security for all unit owners. But one of the biggest challenges COAs face today is rising insurance costs . Premiums for master policies have increased significantly due to storm activity, inflation in construction costs, and higher claim payouts. Fortunately, there are practical steps your COA can take to keep insurance expenses under control—without sacrificing protection.

Conventional wisdom has long held that kitchens and baths sell homes. Those are also two of the more expensive areas to tackle for home...