COMMUNITY ASSOCIATION PROFESSIONAL LIABILITY » » » »
Announcing our new Directors & Officers Liability Product designed to meet the unique coverage needs of Homeowners Associations and Condominium Associations.
PRODUCT FEATURES :
Manager/management company automatically named as an additional insured
Employment Practices Liability included for no additional premium for 10 employees or fewer
Breach of Contract coverage
No exclusion for libel, slander or defamation
Unlimited Extended Reporting Period for former Directors and Officer
Defense outside the limit of liability
ADDITIONAL ADVANTAGES:
A.M. Best rated A++ carrier
Quick quote turnaround
Competitive pricing and low minimum premiums
Web Quoting capacity for both primary and excess
ELIGIBLE RISK:
500 - 1000 units
Average unit values $500,000 to $1,000,000
Over 10 employees
One or two claims or known circumstances in the past 5 years
At least 70% of the total number of units have been sold