Condo Association
Community Association Insurance Coverage
Property Insurance: Comprehensive coverage for community structures, amenities, maintenance areas, foyers, hallways, garages or carports, pool and pool equipment, fences, signs, and retaining walls.
General Liability Insurance: Protection against lawsuits stemming from incidents in common spaces. Note that incidents inside individual units require Unit Owners to purchase an individual condo policy (HO-6).
Excess Liability: Additional protection once underlying limits are exhausted. Offers limits of $1M, $2M, $5M, and $10M.
Directors and Officers (D&O): Safeguards board members from lawsuits arising from wrongful acts. This coverage often extends to those performing property management services.
Crime Insurance: Coverage against employee dishonesty, forgery, and computer fraud. Limits starting at $10,000 can be increased up to $5 million.
Cyber Insurance: Protection against data breaches and cybercrimes.
Umbrella Coverage
Property Insurance
Directors and Officers
Our insurance solutions go beyond protection; they provide peace of mind for Condominium Associations, HOAs, Townhomes, and Apartments. Trust Arae Insurance to safeguard your community with expertise and tailored coverage.