Business Insurance for Homeowners Associations 

If you’re on the board of a homeowners association (HOA), you know the challenges of maintaining your community’s high standards — especially when the unexpected happens.

Be sure to ask a Farmers® agent about insurance options for your condominium, townhouse or planned community — and choose the coverage your HOA wants.

Here are just a few ways you can personalize a Farmers policy to help manage typical risks:

Farmers offers some of the most comprehensive HOA coverage choices

Here are some HOA policy highlights:

• Building ordinance coverage can help when new or updated regulations increase the cost of repairing or replacing an older building.
• Farmers writes policies for HOAs based on location rather than individual structures. This means multiple buildings can share a single coverage limit — and just one line on insurance forms.

With Farmers, you can also customize your policy:

• Directors and officers liability insurance can help cover costs if lawsuits or dispute claims are filed against an HOA’s board members.
• A guaranteed replacement cost option might help restore a building to its original condition if costs exceed your policy limit.

Farmers works to build strong customer relationships

Farmers has spent 90 years putting customers first. Are you shopping for coverage, or do you have a question about your policy? Maybe you’re ready to get an HOA insurance quote. Be sure to let a Farmers agent deliver personalized service and support.

You’ll experience a similar level of care from our knowledgeable claims representatives, who will provide assistance as quickly as possible.

To learn more about what Farmers can do for your homeowners association,  call an agent today.