If you’re on the board of a homeowners association (H O A), 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 H O A wants.
Neighborhood teenagers launch a bottle rocket that lands on your community clubhouse’s roof, setting it ablaze.
Business property insurance can help pay for damages to association buildings and common property caused by fires and other unforeseen disasters.
The fire department extinguishes a blaze before major damage is done, but floods the patios of several units in the process and damages exterior fixtures.
Condominium property coverage can help when exterior fixtures are damaged.
A resident’s visiting grandfather is injured when he trips over broken pavement while crossing your complex’s common area.
Business liability insurance can help offset the costs of lawsuits and other claims brought against your association due to injuries sustained on your premises.
The former treasurer of the board misappropriates a large lump sum right before selling his condo.
Business crime insurance can help cover losses stemming from robbery or a board member’s dishonesty.
Here are some H O A policy highlights:
With Farmers, you can also customize your policy:
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 H O A 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.