General Liability
Elect liability coverage for the association. Available limits depend on whether the community is a condo or co-op, or an HOA, townhome, or master association.
Community Association Insurance
Property coverage for condo, HOA, townhome, co-op, and master associations, with optional protections by community type. California wildfire is excluded.
Subject to underwriting and availability by jurisdiction. A coverage discussion does not bind insurance.
The Community Association Package starts with property coverage for the buildings and shared property your association insures. General liability is optional. Eligible HOA, townhome, and master associations can also elect directors and officers and crime coverage when general liability is selected. The available parts depend on your community type.
What the Policy Covers
- Association Property
- Property is the required part of the package. Condo and co-op buildings are insured at full rebuilding cost with replacement cost settlement, subject to policy terms.
- Scheduled Community Property
- HOA, townhome, and master associations select and schedule the community buildings, contents, income, and outdoor property they want to insure. Buildings include facilities such as pool houses and enclosed courts.
Optional Coverage
These options are not automatically included. Availability, limits and additional premiums depend on the selections and terms of the issued policy.
Directors and Officers
HOA, townhome, and master associations can elect protection for covered claims involving board management, with limits up to $2 million. General liability must also be selected.
Crime
HOA, townhome, and master associations can elect crime coverage with limits up to $500,000. General liability must also be selected; the policy defines covered losses and exclusions.
Condo and Co-op Property Additions
Add covered lost assessment, rental, or laundry income, water backup, and ordinance or law protection using the available limits and sublimits.
Who This Coverage Is For
Eligibility depends on the property, its use, location, condition and loss history. Listing a property type here is not a guarantee of acceptance.
Condominium associations
Townhome communities
Homeowners associations and planned developments
Housing cooperatives
Master associations covering several associations
Limits, Deductibles and Important Conditions
- California wildfire is excluded by form CIS-71000, which attaches automatically to California policies in this package.
- Directors and officers and crime coverage are not offered to condo or co-op associations within this package. They are optional for HOA, townhome, and master associations and require general liability.
- Flat-dollar wind deductibles for HOA, townhome, and master associations have a $5,000 minimum. Condo and co-op wind deductibles are percentage-based in applicable wind-exposed states.
- Winterization is a coverage condition; freeze losses may be excluded without it. Underwriting may require additional review before coverage is bound.
Where Coverage Is Available
Currently available for eligible risks in the following 15 states and the District of Columbia, subject to underwriting:
- Alaska
- Alabama
- California
- Colorado
- District of Columbia
- Delaware
- Hawaii
- Illinois
- Indiana
- Minnesota
- Nebraska
- Nevada
- Pennsylvania
- South Dakota
- Wisconsin
- Wyoming
Coverage is issued by Corgi Insurance Company (NAIC 17989), an eligible non-admitted surplus lines insurer, and placed through a licensed surplus lines broker. Availability is subject to eligibility and underwriting. Coverage is subject to the issued policy's terms, conditions, limits, deductibles, and exclusions. Surplus lines taxes and applicable fees are additional to premium.
What to Prepare for a Quote
- Community type, address, unit or lot count, and what the association insures inside units
- Building values, age, construction, roofs, plumbing, electrical systems, and fire protection
- Occupancy, rental rules, vacancy, amenities, and community operations
- Assessment income, reserves, management, financial controls, and developer turnover
- Five years of property and liability claims, water losses, board suits, and insider theft
FAQ
Condo, townhome, homeowners or planned-development, housing co-op, and master associations can apply. The quote uses your community type, property details, operations, and location to determine eligibility and available coverage options.
No. Property is included and general liability is elected. Directors and officers and crime are optional only for HOA, townhome, and master associations, and each requires general liability. Condo and co-op associations cannot elect those two parts in this package.
No. California wildfire is excluded by CIS-71000, which is attached automatically. Availability of the package in California does not mean wildfire damage is covered. Review the exclusion and the other policy terms before arranging coverage.
Condo and co-op buildings use full rebuilding cost. HOA, townhome, and master associations schedule the community property they want to insure. The quote also asks what the association insures inside units, such as all-in, single entity, or bare walls.
Condo and co-op wind deductibles are percentages in applicable wind-exposed states. HOA, townhome, and master associations have several wind options, with a $5,000 floor for flat-dollar wind deductibles. Their optional separate water deductible cannot be below the property deductible.
Pools, docks, roads, rental activity, building systems, reserves, and financial controls help determine the association's exposures and available terms. Some submissions need underwriting review or more information, so an immediate quote or binding is not guaranteed.
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