We cover both non-profit Homeowner's Associations and non-profit Condo Associations. Coverage can include Directors and Officers (D&O) Liability up to $5,000,000, General Liability up to $2,000,000, Property Coverage up to $1,500,000 and Umbrella up to $5,000,000 over D&O liability.

Insurance Claim Examples

The Community Association Board entertained bids by companies to waterproof the deck around their pool. The contract was worth approximately $120,000. ABC Company submitted the lowest bid and was told the work would have to be started in three months and completed in two weeks. ABC Company bought a performance bond, blocked off the necessary time, and in so doing refused to take other jobs. The Board was having other work done around the pool and encountered problems. A week before ABC Company was to begin work the Board notified them they couldn't start and it might be another three months before they could come on the site. ABC Company sued the Board for breach of contract.