Waking up this morning (March 3rd 2025) to a 4.5 earthquake was a reminder that mother nature can throw a disaster our way which can have financial implications to the associations. Condominium associations in the Pacific Northwest face a unique set of natural disaster risks, primarily fire, flood, and earthquakes. Proactive risk mitigation is essential for protecting property and ensuring the safety of residents. For fire prevention, associations should implement regular inspections of common areas, ensure proper maintenance of electrical and heating systems, and enforce strict policies regarding smoking and barbecue use. The fires that LA recently experienced can happen here. Proper landscaping and tree trimming can mitigate some of the fire risk.

Flood risks, particularly prevalent in coastal and low-lying areas, necessitate comprehensive preparedness strategies. Associations should assess their properties’ vulnerability to flooding, considering factors like proximity to rivers, shorelines, and drainage systems. Implementing flood control measures, such as raising ground levels, installing flood barriers, and improving drainage, can minimize potential damage. Developing and maintaining an emergency flood response plan, including evacuation procedures and contact information for residents, is also vital. Furthermore, associations should review their insurance policies to ensure adequate flood coverage, as standard homeowners’ insurance typically does not cover flood damage.
Earthquakes pose a significant threat in the Pacific Northwest, requiring associations to prioritize structural resilience and emergency preparedness. Developing an earthquake emergency plan is essential for resident safety. Associations should also ensure that emergency supplies, such as food, water, and first-aid kits, are readily available. Educating residents on earthquake safety measures, including the “drop, cover, and hold on” technique, and conducting regular earthquake drills can enhance preparedness and reduce the impact of potential seismic events.
Associations have a number of resource they can draw on starting with there insurance agent. Are there changes the association can make to mitigate risk. Are there things that can be done to lower the insurance premium? Most agents have access to claim statistics that help the board identify areas where claims might occur in the future. For example, one association did not have a policy on older water heaters and they had water damage claims previously. The board implemented a policy that water heaters had to be replaced at 10 years and placed in a pan. This satisfied the insurance company and helped reduce the premium.