Homeowner Association Common Area Package

Eligible States: Texas

AM Best A Rated

Eligible classes include Homeowner Association Common Areas. Lines of coverage include Property, General Liability, Crime, D&O/ EPLI, Liquor Liability, and Umbrella. Property with Wind and Excluding Wind are offered.

• Classes Considered:
  • Residential Homeowners Associations Amenities
• Coverages Offered:
  • Property including OR excluding wind
  • Flood
  • General Liability including non-owned and hired auto
  • Commercial Crime
  • Directors and Officers / EPLI Liability
  • Commercial Umbrella
• Features and Options:
  • Property Enhancement Endorsement
  • Property deductibles ranging from $1,000 to $25,000
  • Texas:
    • Named Storm and Hurricane Only deductible options of 2%, 3%, 5%, and 10% in Tier 1.
    • Tier 2-4 subject to all other perils deductible
  • Texas: Special flat hail damage deductible applies in certain counties
  • Agreed Amount Property option
  • Blanket Building Coverage option
  • Disappearing Property Deductible
  • Greensurance for environmental friendly upgrades
  • Environmental Impairment Liability/ Pool & Spa Contamination Coverage with Limit Options of $250,000, $500,000, or $1,000,000
  • Ordinance or Law with options of $250,000, $500,000 or $1,000,000
  • Primary Flood if not in a special flood hazard zone $750,000 Limit
  • General Liability Enhancement Endorsement
  • Pesticide Herbicide Liability
  • Employee Benefits Liability
  • Liquor Liability
  • GL Mold liability
  • Optional $2M/4M General Liability option
  • Garagekeeper’s Direct Primary with limit options of $250,000, $500,000, or $1,000,000
  • Employee Theft Coverage
  • Discovery or Loss Sustained Coverage Form
  • Blanket Crime for Employee Theft, Money, Securities, Forgery & Alteration, Money Order & Counterfeit Currency, Funds Transfer Fraud, and Computer Fraud
  • Guaranteed Compliance Employee Theft Option
  • Social Engineering (Deception Fraud) Coverage Option
  • Umbrella included D&O/ EPLI with limit options of $1M, $2M, or $5M
• Eligibility and Authority Levels:
  • Excluding wind property up to $10,000,000 per building
  • With Wind up to $4M in house- Brokerage markets available for larger accounts
  • Age of building 1970 or newer
  • Frame and Joisted Masonry must have sprinklers if over 3 stories
  • Fire Protection class 1-7 are considered
  • Polybutylene, cast iron, or galvanized piping is not eligible
  • EIFS considered if not over Frame or Non Combustible or decorative only
  • No armed security guards
  • No pools with diving boards or slides
  • Pool drain cover must meet Virginia Graeme-Baker Act
  • Pool rules must be posted and enforced
  • Pool must be enclosed by 4’ fence with self-latching gate
  • $750 Minimum Premium