Coverage
Condominiums
Our condominium insurance program is designed for well-maintained properties with established management and responsible tenants. We offer three options for Unit-Owners Property Coverage: Bare Walls (no interior coverage), Partial Coverage for upgrades to interior units (betterments and improvements…
Who Needs This Coverage
- Condominium associations and HOAs with 50%+ occupancy
- Owner-occupied condominiums meeting underwriting standards
- Condominium developers and converters
- Property management companies for condos
- Commercial condo associations
What's Covered
- Property: Up to $100M per location, $6M per building
- Three Unit-Owner Coverage Options: Bare Walls, Partial Betterments, Full Betterments
- General Liability for association operations
- Directors and Officers liability for board members
- Business Income ALS with 24 months period of indemnity
- Water Damage (back-up of sewers/drains)