Community Homeowners Association Insurance

Our role as the insurance broker for each community is to collaborate closely with the board members who represent their community, the property management company dedicated to serving the association, and a wide range of insurance companies. Our primary objective is to fulfill the distinct requirements of the association and obtain the most favorable pricing possible. This approach allows us to effectively safeguard the interests of the association and ensure their insurance needs are met.

At Anderson Ban, we prioritize exceptional customer service alongside providing the best coverage for association members. We actively go above and beyond by offering personalized certificates of insurance upon request to owners and lenders. Additionally, we offer guidance and support to property managers, assisting them in addressing insurance-related inquiries from board members and owners. Through our informative Loss Assessment letters, we educate owners about necessary coverages for their property, ensuring their peace of mind. By offering these additional services, Anderson Ban Insurance aims to go above and beyond traditional insurance brokerage services to ensure that property managers and owners have the support they need to make informed decisions and protect their assets. 

 

 

Coverage Highlights for Condo/Townhome

 

• Property - Comprehensive Property coverage with full replacement cost covering the associations' buildings, clubhouse, fencing, etc.

• General Liability - Liability coverage insuring the association's common areas from potential liability claims. 

• Directors & Officers - Comprehensive D&O coverage covering the Board of Directors serving the association.

• Fidelity/Crime - Coverage for the association's monies in the bank. 

• Umbrella - Affordable layer for extra liability coverage. Covers over the General Liability, D&O and Workers' Compensation.

• Workers' Compensation - Volunteer Workers' Compensation coverage for volunteers working on behalf of the Board of Directors.

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We strive to stay ahead of industry trends and standards. We continuously update our knowledge and expertise to ensure that our clients receive the most up-to-date insurance solutions. Our goal is to anticipate our clients’ needs and provide tailored insurance coverage that meets their specific requirements.

Should you have any further questions or require any assistance obtaining insurance options or understanding your current policy, please do not hesitate to reach out to us. We are here to help.