As a multi family property management leader ~ protecting and informing your residents/tenants of the dangers of ponds/lakes should be a top priority…for those who own apartments, commercial and other real estate buildings/assets with ponds and lakes. Are signs posted that warn your residents/tenants of the dangers? Do you send communication to residents/tenants reminding them of the dangers of ponds/lakes?
Below are two articles related to pond downings–and a reminder of the importance of checking your safety procedures with your team/residents regarding the ponds/lakes on your multi family properties. Please share these stories with those on your leadership, leasing and maintenance teams~
8-year-old girl drowns in retention pond
http://www.wthr.com/story/18747013/possbile-drowning-at-west-side-apartments
Man drowns in pond
http://laurel.patch.com/articles/laurel-drowning-victim-rushed-to-hospital
Within your multi family property management company—-how often do you check the signage for ponds at your communities/properties? Does your team & residents/tenants know the rules in place regarding the ponds/lakes?
Focusing on ponds and lakes…how does this tie into your real estate and apartment/commercial business insurance coverage? What is required from your insurance company…regarding signage at your multi family communities/properties? Does your policy have any liability exclusions regarding bodies of water?
Would you like our team to do a comprehensive review of your multi family real estate building insurance coverage—related to your coverage for ponds/lakes?
To learn more about this topic and to read the news, trends and ideas being shared by multi family PM leaders—join the discussion thread below~with 70+ posts.
Industry Knowledge, Real Estate Building Insurance
http://www.linkedin.com/groupItem?view=&gid=36805&type=member&item=76772122&qid=0dc2d3c2-c9cd-4dc8-b481-ed2e4f93d5cb&goback=%2Egna_36805
Crag Simmons
Power Insurance & Risk Management Group
http://www.PIRMG.com
877-602-6030
