Compliance isn't just an engineering checkbox anymore — it's underwriting data.
Before Surfside, most carriers underwrote condo and HOA property risk mostly off age, construction type, and loss history. That's changed. A completed milestone inspection and a funded SIRS are now concrete, verifiable signals of how a board is actually managing its building — and carriers price to that signal.
Boards that can hand a carrier a clean inspection report and a funded reserve schedule are seeing more markets willing to quote, and more competitive terms once they do. Boards that can't — because the study hasn't been done, the reserve is unfunded, or repairs flagged by an inspection are still open — are seeing the opposite: fewer admitted carriers willing to write the risk, higher premiums, and in some cases a push toward surplus lines coverage that costs more and offers less protection.
That's the part that doesn't show up in most compliance guides written by engineers and attorneys: your inspection and reserve study timeline now directly shapes your insurance options, months before your renewal date ever comes up.