ACM minutes, 2024 02 07

Topics: insurance

Present: Mike (fac), Cheryl, Vicky, Ben, Michael, Laraine (co-fac), Kerry, Linda, Robin, Kay (notes), Jorge, Natalia & Heather, Cyd, Vinnie, Joe

Wednesday, February 7, 2024, 7:00 p.m.

Check-in prompt, tell a funny story.

Conflict Support. Reasons for not getting involved in work parties: scheduling, always have plans Saturday morning, fear of stepping on toes. Poem, "Peace is this moment without judgment." How does this apply to our community? There is never a perfect time for a work party, never a perfect way to run one. Never a perfect way to do a job; it isn't how I would have done it and that's okay. Let the moment be without judging. Judgment blocks connection, keeps you from opening to the whole person. Being able to receive a judgment and consider it without bad feelings.

"The Commons," program on the 10th, Saturday at 10 a.m. Held the 10th of each month.

Farmette. Planting first seedlings this weekend.

Conflict Support. Webchat by Karen Gymnig, "Embracing Conflict" Feb. 17, 1:00 p.m. Will watch first part and then work on skills.

Fund Raising. Held first meeting. Have sold a few things. If you have something you'd like to donate for sale, contact Vicky.

Saturday 7:30, Folk Dance Group will be here.

Documentary about Satanic Temple, "Hail Satan". Friday night, 9:30 pm

Have a donated phone and will set up for donations for guest rooms.

Will be having Roomba Wars: Multiple roombas, put a knife on the front and a balloon on the back and turn them loose. Last Roomba with its balloon unpopped wins.

Insurance

Handout, "Wasatch Commons Insurance Policy Overview," link available on email, will also email pdf. Includes overview, checklist of what your HO6 should cover, do I have the right coverage (HO6), how does it work in real life?

Presentation will be recorded.

Justin Metcalfe, our insurance broker, will be joining us over Zoom.

We have two policies, one for common buildings and one for residential units. Handout shows features of each policy, plus comments.

Changed deductible on units from $10K to $25K, effective as of February 1. Affects owners' individual HO6 policies. HO6 policy needs to cover the first $25K of damage to a unit before the Association policy kicks in. Recommended to have earthquake coverage in HO6 policy to cover 5% deductible on earthquake insurance.

"Ordinance or Law" coverage added this year. If a building requires demolition, covers removal of debris and pays for difference between replacement cost, covered by main policy, and bringing up to code.

Q. How do I get an HO6? A. From whatever company you prefer, for instance, the company you have auto insurance from.