Specialized insurance solutions for homeowners associations, protecting common areas, property, and board members with comprehensive coverage designed for community associations.
HOA insurance typically covers common areas, buildings, liability protection, and directors & officers coverage. It protects against property damage, accidents, legal claims, and board member liability.
Yes, Directors & Officers (D&O) liability insurance is crucial for board members. It protects them from personal liability for decisions made while serving on the board.
HOA insurance covers common areas and shared spaces, while individual homeowner's insurance covers personal property and the interior of their units. Both policies work together to provide comprehensive protection.
Premiums are based on factors like property value, amenities, claims history, location, and coverage limits. We work with multiple carriers to find competitive rates for your association.
Basic policies may cover some natural disasters, but specific events like floods or earthquakes usually require additional coverage. We'll help you understand your risks and recommend appropriate coverage.