Condo Association Insurance

What is condo association insurance?

The owner of a condominium is responsible for insuring his or individual unit and has a shared interest with the other owners in the building to protect the building as a whole. The condo association handles insuring the building’s exterior structure and common areas. Essentially, condo association insurance provides a blanket of coverage over the whole property.

Who benefits from condo association insurance?

Everyone who owns a condo benefits from condo association insurance. This is why part of the homeowner association fee goes toward purchasing this coverage. Individual condo policies cover personal belongings and interior fixtures. But, the association’s policy covers the roof, foundation and exterior walls. If disaster strikes, this coverage is often vital for rebuilding.

A good condo association policy includes property and liability coverage. There are also additional coverage options available. No two condo associations are exactly alike. We can assess your needs and offer coverage recommendations.

Get started today!

Condo association insurance is essential for managing the building and protecting the people within. Call us for more information, including a free quote to get you started.

For your Condominium, Cooperative Apartment, and Homeowners Association, at DGA we are specialists in the field of protecting your association. We take a consultative approach to properly protecting your association. Donn Gerelli has specialized in working with board of managers, directors, and property managers for more than twenty eight years together with Alana M. Jessie, CISR our Vice President. We network with some of the finest insurance companies in the industry and combine our networking and expertise to offer property and liability packages as well as specialty products for Directors and Officers Coverage, Pollution and Environmental Coverage, Crime Coverage, and large limit Umbrella Liability policies.

Our board meeting presentations are the key to ensuring your proper protection as well as your understanding of the product you have purchased. Donn Gerelli has attended over seven hundred meetings at community associations from lower Westchester County to Ulster County, into Western Connecticut. In addition we are also available to your association for annual meeting presentations. Specifically, we give presentations on the associations insurance master policy versus owner insurance responsibility.  We pride ourselves in delivering one of the most comprehensive and informative presentations in the industry.

We specialize in providing community association insurance protection for your:

                                          Condominium
                                   Cooperative Apartment
                                            Apartment
                        Homeowners Associations and PUD

Coverage's Offered:

Building Coverage
Business Personal Property Coverage
Premises Liability
Crime liability
Directors & Officers liability
Umbrella Liability (Large Limits available)
Workers Compensation liability
Pollution and Environmental Liability
Flood and Excess Flood Coverage