Massachusetts Condo Association Insurance
Click Above for a Condo Association Master Insurance Quote with savings up to 40%
If you need Insurance for your Condo Association Boston, look no further. Savin Jones provides Condo Association Insurance that meets the needs of your COA – without the hassle or high costs associated with many Condo Association Insurance Policies. We offer Unbeatable Pricing with savings up to 40%, excellent customer care, and simple policy management.
What is Condo Association Insurance?
Before defining Condo Association Insurance, it’s important to clarify what COA insurance is not: Condo Association Master Insurance is not Personal HO6 Condo Insurance. Personal HO6 Condo insurance is designed to protect individual condo owners and provides coverage for the individual owner’s property and liability exposures. Condo Association Insurance, on the other hand, provides coverage for the association.
- Condo association insurance does not cover properties that individual property owners rent out or own.
- Condo association insurance does provide coverage for shared property that the condo association owns, such as playgrounds or swimming pools. It also provides some liability coverage.
Because Condo Associations have unique coverage needs, it’s important to work with a COA insurance partner that understands COA coverage, and builds in all the coverage elements you need, while eliminating features you will never use that inflate policy costs. Since Savin Jones Insurance specializes in Condo Association Insurance, you know you’re in good hands.
What does Condo Association Insurance cover?
Your Condo Association Insurance can include several critical safeguards:
- Liability insurance: For a condo association insurance, liability coverage is essential. This coverage protects the COA against certain types of liability associated with the shared spaces; for example, if someone is injured at a pool owned and maintained by the COA.
- Property coverage: Condo associations often own and control some shared spaces, such as pools, playgrounds, and clubhouses. COA insurance provides coverage for these shared spaces if a covered peril causes the damage, such as a fire, wind or hail damage, and certain types of water damage.
- Dwelling: Dwelling insurance applies specifically to structures. For example, if your COA has a clubhouse that is damaged in a fire, dwelling insurance can help cover the cost of repairs to the building.
- Business income: Your COA depends on a steady revenue to keep it operating, but revenue may be disrupted after a disaster. Business income insurance provides coverage for lost income after a covered peril.
- Certified terrorism: Standard commercial insurance policies typically exclude coverage for losses caused by terrorism. However, Certified terrorism is available.
Our Condo Association Insurance Program:
We have Unbeatable Pricing on Condo Association Insurance Rates in Boston. We use AM Best Rated A Insurance Companies. We are Very Very Competitive with our Master Condo Association Insurance Policies (Saving you Up To 40% while Increasing your Condo Association Insurance Coverage) Please Call, Email or Click Below for a Free Quote!
Call or Click Today
X@savinjones