August is when many communities start shaping next year’s budget—and the smartest managers are already asking, Where can we cut costs without cutting quality? The Livvie Savings Calculator gives you a clear, customized estimate of how much your community could save by streamlining operations, eliminating third-party tech contracts, and reducing staff overload. It’s quick, easy, and built to help you prepare smarter, not later.
August brings a shift in pace as families settle into new routines. Expect earlier gate traffic, heavier package volume, and more frequent guest check-ins from caregivers, tutors, or after-school programs. For community associations, it’s the perfect time to recalibrate:
Back-to-school isn’t just for the kids—it’s a reset moment for community operations, too.
As we enter the second half of the year, many associations are approaching their annual insurance renewal window — typically in Q4 (October–December). This is a critical time to assess risk, ensure adequate coverage, and prepare for premium adjustments. By starting early, your Board can make informed decisions that protect both the community and its financial health.
Insurance Review Session
Schedule an insurance review to discuss policies, address questions, and decide on renewals.
Document All Decisions
Record board votes, quote comparisons, and rationale in the minutes for legal protection and transparency.
Tie Renewal to Budget
Use final premium figures to inform your next-year budget and reserve allocations.
Consult Legal Counsel
Any exclusions, endorsements, or new coverages (e.g., flood or cyber liability) should be reviewed by legal counsel.
Notify Owners
If deductibles increase or coverage changes, notify residents via a summary letter or newsletter.
Join Livvie at the Condo Connect 2025 Summit . Condo Connect brings leaders, officials, and pros together to discuss safety, compliance, and community solutions.
August 27th
4 PM – 6 PM
Hilton Miami Aventura
2885 NE 191st Street
Aventura, FL 33180