When Your Board Accepts the Carrier’s Number,
Every Unit Owner Pays the Difference.
A suppressed property insurance settlement doesn’t disappear. It becomes a special assessment. It becomes a lawsuit. It becomes your liability.
Peril Adjusters provides forensic indemnification for Texas HOAs and condominium associations — maximizing insurance recovery so your community never absorbs a loss the carrier was obligated to cover. Our fee is 10% of the additional recovery we obtain. If we don’t recover more, you owe nothing.
Request a Free Association Claim Review Download the Authority Brief — FreeThe “Shared Roof” Problem
Homeowner associations and condominium boards face a structural disadvantage in insurance claims that most residential policyholders never encounter: your policy covers every unit owner’s shared asset simultaneously — and your carrier’s adjuster is being paid to minimize every line of that exposure.
What the Carrier Does
- Submits a scope built on Xactimate benchmarks designed to suppress replacement cost
- Applies depreciation to shared components at aggressive schedules your RCV endorsement does not authorize
- Excludes code upgrade costs even when storm damage triggers mandatory compliance
- Separates building damage from interior consequential damage to reduce scope
- Closes the file fast — before your board has time to get a second opinion
What Your Board Inherits
- A repair budget that doesn’t cover actual replacement cost
- Deferred maintenance on shared structures that compounds over time
- A budget shortfall with one solution: special assessment
- Potential board liability when unit owners discover the settlement was insufficient
- A closed file the carrier will use against you if you attempt to reopen
“Our board had no idea a public adjuster could challenge the settlement after the fact. We reopened the claim 14 months later and recovered $380,000 in additional funds — money that would have been a special assessment on 112 families.”
— HOA Board President, Condominium Community, Houston MSAThe Fiduciary Duty Argument
Texas law imposes a fiduciary duty on HOA and condominium board members. That duty — to act in the best financial interest of the association and its members — does not have a carve-out for insurance claims.
When a board accepts a suppressed carrier settlement without challenging it, it has potentially failed that duty. The question is not whether the carrier’s offer seemed reasonable. The question is whether the board took every available step to maximize recovery before accepting.
The Three Liability Triggers Boards Miss
| Trigger 1 | Accepting ACV when the policy provides RCV — without enforcing the depreciation release mechanism — results in a permanent, unrecoverable loss of association funds. |
| Trigger 2 | Failing to invoke the Appraisal Clause when the carrier’s number is demonstrably inadequate. Most boards don’t know the clause exists. It exists in virtually every Texas commercial policy. |
| Trigger 3 | Closing a claim without forensic review and later discovering the settlement was insufficient — forcing a special assessment. Unit owners who pay that assessment can pursue board members who failed to challenge the original settlement. |
The Special Assessment Math — A Real Texas Example
A 150-unit condominium association accepted a $420,000 hail settlement. Actual replacement cost: $810,000. The $390,000 gap became a $2,600 special assessment per unit. Three unit owner lawsuits followed within 90 days. Peril reviewed the claim and recovered the full gap — the special assessment was rescinded.
| Original Settlement | $420,000 |
| Peril Supplemental Recovery | $390,000 |
| Special Assessments Eliminated | $2,600 × 150 units |
| Board Liability Exposure Removed | 3 pending unit owner lawsuits resolved |
The Peril Solution
Peril Adjusters deploys a forensic commercial claim strategy built specifically for the shared-structure complexity of HOA and condominium properties. This is not a residential claim process scaled up. It is an institutional indemnification framework applied to community property.
Forensic Re-Inspection — We inspect every shared structure: roofing, siding, fascia, soffit, amenity areas, carports, signage, fencing, and mechanical systems. Nothing estimated. Everything documented.
Policy Deconstruction — We analyze your master policy including all endorsements, RCV rider, ordinance or law coverage, and business income provisions.
Matching Material Analysis — Texas Insurance Code §554.002 applies to HOA properties. We document matching material obligations for every affected shared component.
Depreciation Recovery — We identify every depreciation hold the carrier applied and enforce the release mechanism under your RCV endorsement.
Supplemental Proof of Loss — Fully documented supplemental claim package with line-item rebuttal. The carrier must respond or breach the Texas Prompt Payment Act.
Appraisal / TDI Escalation — If the carrier refuses to negotiate in good faith, we invoke the appraisal clause or file a TDI complaint.
Your Association Paid for
Full Recovery. Demand It.
Every day a claim sits at the carrier’s number is a day the board carries liability it doesn’t have to carry. Our fee is 10% of the additional recovery we secure. No recovery, no fee.
Call (844) 314-5037 Download the Authority Brief — Free