Community Association – Professional Liability

Our Directors and Officers Liability product is designed to meet the unique coverage needs of homeowners and condominium associations.

Product Features
  • Defense costs unlimited outside the limit of liability
  • Duty to defend with affirmative 100 percent allocation wording
  • Defense for Breach of Contract
  • Coverage for both monetary and non-monetary claims
  • No exclusion for failure to maintain insurance claims (where available)
  • Lifetime Occurrence Reporting Provision
  • Manager/Management company automatically named as an additional insured
  • Defense and Settlement Provision (hammer clause) – 75/25 in favor of the insured
  • Carve backs to Insured vs. Insured exclusion
  • Punitive damages with most favorable venue wording included automatically (where insurable by law, not available in Alabama and West Virginia)
  • Full prior acts coverage
  • Employment practices liability included for no additional premium for 10 employees or less
  • Third party discrimination and third-party harassment coverage (applicable classes)
  • Data & Security+ sublimit included free of charge
  • Limits available up to $5,000,000
Eligible Risks
  • Homeowners associations
  • Townhome associations
  • Condominium associations
  • Planned unit developments
  • Mobile home parks
  • Office parks
  • Cooperatives (except in New York)
  • Retail associations

Quoting & Applications

Log in to obtain applications, additional info, or quote online.
*Coverage may not be available for all accounts or in all states
*Applications will apply to most markets but in certain circumstances additional applications may be needed
< Back to Products