Association coverage protects the common elements — structures, amenities, liability — and the board that manages them, keeping the community and its budget on solid ground.
Coverage terms, limits, and exclusions vary by carrier and policy form. We walk you through exactly what is and isn’t covered before you bind — no fine-print surprises.
The association covers common elements and, depending on your declarations, the original structure of each unit. Owners insure their own improvements, belongings, and liability through an HO-6 policy.
Reserve requirements and structural inspections are separate legal obligations, but underwriters increasingly ask about them. Well-documented maintenance and funded reserves help your renewal.
Yes — directors and officers coverage defends volunteers against claims of mismanagement or unfair enforcement. It is often what makes qualified owners willing to serve.
Typically as a percentage of insured value, which on a large building can be a substantial number. We help boards understand the exposure and plan reserves accordingly.
Tell us a little about what you’re protecting. We’ll come back with options and real pricing — no obligation.