Condominium Association & HOA Insurance
Master property, D&O, liability, and crime for condominium associations, HOAs, and the managers who run them.
A condo association buys insurance like a commercial owner and answers for it like a small government. The board is volunteers. The money belongs to the owners. And every gap in the master policy turns into a special assessment, a lawsuit against the board, or a buyer whose loan can't close because the project no longer meets lender requirements. Most associations renew whatever the management company renewed last year. Then the building gets re-appraised, the deductible doubles, or a water loss lands between the master policy and the owners' policies, and the board finds out what it actually bought. We build the program so the board can explain it to the owners before a claim, not after.
Who this is for
Built for accounts like yours
What we structure
Master property
Building coverage at replacement cost, written to the unit standard your declaration actually requires: bare walls, original specifications, or all-in. Deductibles set so the board can fund them without an emergency assessment.
Directors & officers
D&O written for volunteer association boards. It answers the owner who sues over an assessment, a rule, a denied architectural request, or a fair housing complaint, with defense costs outside the limit where we can get it.
General liability & umbrella
Common areas, pools, gyms, garages, and amenity decks, with an umbrella over GL, D&O, and auto sized to the building and to what the governing documents require.
Crime & fidelity
Reserves and operating funds held by the association or the management company, covered against employee theft, funds transfer fraud, and the social engineering wire that empties a reserve account.
Tools & guides
Tools and guides for this asset class
Free tool
Coinsurance Penalty Calculator
Free, no email required: a coinsurance clause cuts every claim, not just a total loss, when the limit trails replacement cost. See the exact payout on your loss, the penalty across loss sizes, and what it takes to cure the gap — plus the margin clause that replaces it on blanket programs.
Run your numbersGuide
Replacement Cost Value Guide
Why your limit should be built on what it costs to rebuild, not what the building would sell for, how that number is calculated, and how a stale one shrinks every claim under a coinsurance clause.
Read the guideGuide
Claims Strategy Guide
How you handle a claim this year sets what you pay for the next five. When to report, which claims to file, starting repairs before the adjuster arrives, and what an open claim tells an underwriter.
Read the guideGuide
Lender Insurance Requirements Guide
What lenders require, Fannie Mae and Freddie Mac deductible and liability limits side by side, and where to find the requirements in your loan documents.
Read the guideGuide
Certificate of Insurance Guide
What a COI does and doesn't do, additional insured endorsements, and a checklist for reviewing the certificate a contractor hands you.
Read the guideFree tool
Commercial Insurance Rate Barometer
Free: where property, general liability, and excess renewal rates are heading over the next two quarters, built from cat losses, cat bond spreads, construction costs, jury verdicts, and the other data that moves them.
See the forecastCommon questions
What does the master policy cover versus a unit owner's HO-6?
Your declaration decides, and it varies more than most boards realize. Bare walls means the association covers the structure and owners cover everything from the drywall in. All-in means the association also covers fixtures, cabinets, and finishes. Original specifications sits in between. When the master policy is written to a different standard than the declaration, a routine water loss turns into an argument between two carriers and an owner. We read the declaration first, then write the policy to it.
Why did our premium jump after the appraisal?
Because the building was underinsured before. Construction costs ran well ahead of most association appraisals over the last several years, and when the replacement cost catches up, the limit and the premium rise with it. The alternative is worse. A building insured for 70% of its replacement cost can collect as little as 70% of every loss under a coinsurance clause, and the owners pay the rest by special assessment. We help boards phase in the correct value and offset it with deductible and structure changes so the budget survives.
Can our insurance affect owners' ability to sell or refinance?
Yes. Fannie Mae and Freddie Mac review the association's master policy before they'll buy a unit mortgage in the project. A deductible above their limit, a missing fidelity policy, or a thin liability limit can make every unit in the building ineligible for conventional financing. We build the program to clear those requirements and give the management company the certificate and policy language lenders ask for.
How large of an association do you work with?
Associations with roughly $50,000 and up in annual premium. That usually means a mid-rise or high-rise building, a large townhome or master-planned community, or any coastal property. A small inland townhome association is usually better served by a package policy, and we'll tell you so.
Free renewal review
Talk to a condo & HOA associations specialist
We'll reply within one business day with when to start marketing it and what to have ready. Built for accounts with $50,000+ in annual premium.
- A second set of expert eyes on your program, free.
- Marketed to the carriers that actually want your risk.
- No obligation, fully confidential.
Book 20 minutes or call (205) 999-4884