Your Association's Insurance Should Protect the Board, Not Just the Building
Master property, D&O, fidelity/crime, and liability coverage placed by an independent agency that actually understands community association risk - and can explain your policy in plain English at the next board meeting.
No obligation. Most boards hear back from us within one business day.
Association Coverage
Most association policies are written for the building. Not the board.
A generic property policy might satisfy the mortgage requirement on paper, but it doesn't answer the questions that actually keep board members up at night: Are we personally exposed if a vendor decision goes wrong? Does our fidelity coverage actually match how much cash flows through our operating account? Is the master policy's "all-in" or "bare walls" language going to leave unit owners fighting over a water damage claim? Those are governance and liability questions, not just property questions - and they need to be answered before a claim happens, not during one.
What a properly structured association policy actually includes
Master Property Policy
Covers the building structure, common areas, and shared systems - the foundation every association policy is built on, whether your condo docs require an "all-in" or "bare walls" form.
Directors & Officers (D&O)
Protects volunteer board members' personal assets from lawsuits over budget decisions, vendor disputes, assessment votes, and other governance calls made on the association's behalf.
Fidelity / Crime Coverage
Covers theft or embezzlement of association funds by a board member, manager, or employee - often a minimum-coverage requirement under Florida association law, not just a nice-to-have.
General Liability
Covers slip-and-fall injuries and other accidents in the pool, clubhouse, parking areas, and other common spaces where residents and guests spend time every day.
Umbrella / Excess Liability
Adds a layer of liability protection above your general liability and D&O limits, for the rare but serious claim that exceeds a standard policy.
Workers' Compensation
Required once your association directly employs on-site staff - maintenance, security, or front-desk personnel - covering their medical costs and lost wages after a workplace injury.
Florida's community association insurance market has fundamentally changed
Since the 2021 Surfside condominium collapse, Florida law now requires milestone structural inspections and Structural Integrity Reserve Studies (SIRS) for older condo buildings - and carriers are pricing risk based on that inspection and reserve-funding history far more precisely than they used to. At the same time, years of hurricane losses have tightened Florida's broader property and reinsurance markets. The result: two similar buildings a few streets apart can see very different renewal numbers, and a board that doesn't understand why is in a weak position to budget for it, explain it to owners, or shop for a better outcome.
As an independent agency, we're not selling one carrier's paper - we compare your association's specific risk profile against multiple carriers built for Florida community associations, and walk the board through what's actually driving the price before renewal season becomes a surprise.
Three steps to a board-ready insurance review
Send us your current policy
We review your master policy, D&O, and fidelity coverage against what your governing documents and lenders actually require.
We compare carriers built for associations
We shop your risk across carriers that specialize in Florida community associations, not a one-size-fits-all statewide product.
We present it in board-meeting terms
You get a clear summary you can actually bring to the board and explain to owners - not a stack of declarations pages.
HOA & Condo Association Insurance FAQ
Is a Florida condo or HOA board legally required to carry insurance?
Yes. Florida law requires condominium associations to maintain property insurance covering the condominium property, and homeowners associations that maintain common areas typically carry similar coverage under their governing documents and state law. Beyond the property policy, most association bylaws and lenders also require fidelity/crime coverage and often D&O liability coverage - but the specific minimums vary by association, so board members should confirm exactly what their governing documents and mortgage-holding unit owners require.
Do individual board members carry personal liability if the association doesn't have D&O insurance?
Potentially, yes. Florida law gives volunteer board members some liability protection for good-faith decisions, but that protection has limits, and legal defense costs alone can be significant even when a board member ultimately isn't found liable. D&O insurance is what actually pays for that legal defense and any resulting judgment or settlement, which is why most associations carry it regardless of the statutory protections already in place.
What's the difference between the association's master policy and a unit owner's individual policy?
The master policy - carried by the association - covers the building structure and common areas. What it covers beyond the structure itself (fixtures, flooring, cabinets) depends on whether your condo documents specify an "all-in" or "bare walls" form, and that distinction determines what a unit owner's individual HO-6 policy needs to cover to fill the gap. Confusion here is one of the most common - and costly - condo insurance mistakes, which is why we walk every board through exactly what their master policy does and doesn't include.
Why did our association's insurance premium increase so much this year?
Florida's property insurance and reinsurance markets have tightened significantly in recent years, driven by hurricane losses and, for condo associations specifically, new state requirements introduced after the 2021 Surfside collapse - milestone structural inspections and Structural Integrity Reserve Studies (SIRS) for older buildings. Carriers are pricing risk more precisely than they used to, which means two similar-looking buildings can see very different renewal pricing based on age, inspection history, and reserve funding. We help boards understand exactly what's driving their number, not just accept it.
Bring your board a real quote, not a guess
Send us your current declarations pages and governing documents - we'll tell you where you actually stand.
Get a Community Association QuoteOr call us directly at (863) 606-5147