Protect your homeowner's association in the event of vandalism, robbery or board member dishonesty.
Whether you’ve just become the new director of a homeowner's association or have been managing Homeowner's associations for decades, you need to think about losses that can happen from both within and outside your establishment. You may think that vandalism or embezzlement are the most common crimes that could come your way but unfortunately there are many more.
Farmers Crime Insurance options available to your homeowner's association include:
- Employee Dishonesty Coverage can help you if you find an employee or group of employees has been stealing money or other property from you.
- Money and Securities – Inside/Outside Coverage can help you recoup association fees stolen from an employee while on a bank run to deposit the daily receipts, as well as monies or property stolen from your premises.
- Money Orders and Counterfeit Paper Currency Coverage can help you if you discover the cash owners used to pay their rents isn’t legal tender.
- Forgery and Alteration Coverage can help you if an outside accountant or bookkeeper starts writing themselves checks payable by you.
Contact your Farmers agent who can help you build a tailored insurance solution for your homeowner's association.