Operations this guide may include
- Condominium and homeowners associations
- Townhome and planned-community associations
- Associations with clubhouses, pools, gates, or private roads
- Self-managed and professionally managed communities
Questions that shape the conversation
Insurance markets evaluate the complete operation. These are examples of details that can materially affect the available path.
- What property is the association required to insure?
- When were roofs, electrical, plumbing, and other building systems updated?
- Which amenities, employees, vehicles, and maintenance operations are involved?
- What reserves, board controls, contracts, and catastrophe protections are in place?
Coverage topics to discuss
Association property
Buildings, common property, equipment, valuation, ordinance, and catastrophe considerations.
General liability
Common-area, amenity, event, and premises exposures involving residents and visitors.
Directors and officers liability
Governance and management-liability considerations for the association and board.
Crime and fidelity
Funds-transfer, employee dishonesty, and association-money exposures.
Information worth preparing
- Governing documents, insurance appraisal, and statement of values
- Unit counts, construction, updates, and occupancy
- Amenity, maintenance, employee, and vehicle details
- Budget, reserves, management agreement, and loss history
This guide provides general educational information, not legal, tax, or insurance advice. Coverage availability, eligibility, limits, exclusions, and pricing vary by applicant, insurer, policy, and state.