Coverage with the experience to interpret the requirements and focus on the exposure
Condominiums are a growing segment of the residential market. The agreements that form the associations and the bylaws of the owners group dictate the insurance needs of the association and the individual owners. You need to have experience in interpreting insurance requirements and cutting through the agreements to focus on the true exposures.
From protecting the board members, to helping assess values, we help you make this process easy for the board to manage.
We offer risk management to address life safety, fire protection systems, water damage prevention programs and liability controls for common areas and amenities. Do you have a roof inspection and replacement program? We help our clients build these programs. Planning for future inspections, tests and maintenance of fire safety systems will keep you safe and your finances solid. Our Risk Management expertise delivers solid advice and assistance to our clients.
Condominium associations also need protection for the board members’ actions. An executive liability program will protect your association from claims related to the administration of the association. We also offer the cyber liability coverage needed to protect your interests when dealing with data security issues.
Being able to offer personal lines coverage to the condo owners is an advantage our agency can provide. When the coverage for the association and unit owner are the same, claim handling is simplified. Our Personal Lines staff is ready to help you.