Condo and co-op
Condo and co-op building insurance for associations
Insurance for an association or corporation's building, shared property, and liability responsibilities.
Condo and co-op programs require a clear distinction between the building entity's property and liability obligations and the insurance maintained by individual unit owners or shareholders.
Who this covers
- Condominium associations
- Cooperative corporations
- Residential towers
- Garden-style associations
- Mixed-use associations
What underwriters look at
- Building and common areas
- Association liability
- Directors and officers liability (claims against association leadership), where applicable
- Crime or fidelity coverage (protection against specified theft or dishonest acts)
- Equipment breakdown (coverage for certain mechanical or electrical failures)
- Umbrella and workers’ compensation
Common questions
Does the master policy cover everything inside a unit?
Not necessarily. Governing documents and policy wording determine the association's obligation. Unit owners should review their own coverage with appropriate professionals.
Why review bylaws?
They can help identify property responsibilities, deductibles, insurance requirements, and the relationship between the association and unit owners.
Start a conversation
Tell us about the association and building.
Share the details and current coverage you already have. We’ll tell you what else is needed.