Homeowner Associations (HOAs) require a very specific mix of coverage expertise, responsiveness, and risk-management support. Allied currently manages insurance for over a thousand HOAs. Here’s how we can help:
- Deep understanding and analysis of Community Association Insurance
Assessing your specific buildings, identifying deficiencies, and offering the right mix of coverage.
- Master Property Policy knowledge (buildings, carports, separate structures and common areas).
- California’s Davis-Stirling Act, helping keep you in compliance.
- Liability (lawsuit) – both General and Umbrella/Excess
- Directors & Officers Liability
- Crime/Fidelity Bonds
- Worker’s Compensation
- Equipment Breakdown
- Building Ordinance & Law
- Earthquake (both for the HOA and individual Condo Owners)
- Flood
- Competitive Pricing & Market Access
- Access to virtually all carriers with an appetite for Association Insurance.
- On-site property inspections (at Allied’s expense) to anticipate what carriers will require for the best rates.
- Contractor referrals for necessary upgrades to electrical, HVAC, plumbing and roofing.
- Early re-marketing of renewals, generally 60 to 90 days, with written reports on carrier submissions.
- Claims Advocacy and Policy Service
- Help filing claims correctly and promptly.
- A manager will join you to meet Claims adjustors – you are not alone.
- Tracking status and advocating for fair settlement – we represent you.
- Communication & Responsiveness
- Board meeting attendance and help in evaluating cost vs. coverage, along with professional insurance disclosures for board member packets.
- Timely response to Board-member questions.
- 24 hour turnaround on Certificates of Insurance.
- Dedicated Account Representative dedicated to HOA underwriting and service, including CC&R interpretation.
Allied Brokers does not employ ‘producers’ or salespeople, as most agencies do. Everyone is trained as a risk manager, advisor and advocate; our licensed people understand the unique risks of multi-family housing, making insurance easier for your board and safer for your community.