Insurance hikes?

The assertion that exceeding 50% rentals automatically increases insurance premiums is an oversimplification of underwriting practice, not a legal or universal rule.

Insurers assess risk based on multiple factors, including financial strength, governance, and maintenance standards.

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In practice, well-managed communities can often demonstrate that rental concentration does not increase loss exposure.
Laurel Bay isn't a distressed rental community — it's a professionally managed property with institutional-grade oversight.

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To remain that way, and given the upcoming Board election, remember when casting your vote that Board leadership matters. Financially experienced, prudent oversight helps ensure cost control, effective management, and sound long-term decision-making.​ If a special interest group is allowed to spend your money or further their interests it will violate those director's fiduciary duties.