Community Associations Package Insurance - Property & General Liability
Offered by Distinguished Programs
Community Associations Homeowners Associations (HOAs) HOA Umbrella Condominiums Condominium Associations Condos Condo Association Package Condo Associations PUD PropertyDescription
Specialized Property and General Liability coverage for community associations.
Distinguished Programs' Community Associations Package combines Property and General Liability coverage in one policy designed specifically for well-managed community associations.
Eligible risks include condominium associations, homeowners associations, planned unit developments, townhouse associations, cooperatives, master associations and office condominiums. The program offers admitted coverage backed by an A.M. Best A+ XV rated carrier.
Key coverage features include Extended Replacement Cost equal to 125% of building value, Special Form coverage, third-party breach of contract defense, Additional Insured coverage, Employee Theft, Loss of Maintenance Fees, Ordinance or Law coverage, Pollutant Clean Up, Water Backup of Sewers or Drains and broad Building and Business Personal Property definitions. Actual coverage varies by policy and state.
Brokers can use CappApp through the Broker Connect portal to prequalify accounts and submit eligible Package, Crime, Directors and Officers [D&O] and Umbrella coverage through one application. Most Express submissions can be submitted, quoted and bound online.
Appetite - The current product page identifies these eligible association types:
- Condominium Associations [COAs]
- Homeowners Associations [HOAs]
- Planned Unit Developments [PUDs]
- Townhouse Associations
- Cooperatives [CO-OPs]
- Master Associations
- Office Condominiums
- Well-managed and maintained associations
Main product page:
Community Associations Package Insurance
Submit / Quote through Broker Connect:
Broker Connect Portal
Community Associations Package Highlight Sheet:
Download Package Highlight Sheet
Community Associations Program Overview:
Download Community Associations Program Overview
Paper Package Application:
Download Community Associations Package Application
Details
Has Pen
Appointment Required
Carrier Information
Berkley Insurance
Admitted
Rating A+ XV
Rating By Berkley Insurance
Offered By
Availability 16 states
Covered
Not Covered
