Find out if your association has been sold a
“Broken Condo Association Insurance Policy”
Find out if you have been sold a ‘Broken Insurance Policy’?
If you are not receiving the information and expert guidance you need, then you and your owners could be throwing away hundreds of dollars per year on useless coverage, or worse, you may have a critical gap in your coverage that could cost your tens of thousands of dollars when a claim happens.
If you would like a FREE EVALUATION & REVIEW of your condo association insurance we will be happy to assist.
We believe this is the level of service that each and every condo association deserves
“Elliot is very hands on and helpful when explaining policy coverage to clients”
Meigan Everett – Property Manager
“Elliot offers valuable advice and insurance strategies… I love showing off Elliot and his team at board meetings.”
Vanda Hembree – Property Manager
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IN ORDER TO RECEIVE ACCURATE RISK REVIEW AND/OR QUOTES YOU WILL NEED TO PROVIDE THE FOLLOWING INFORMATION |
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| Insurance clause from your CC&Rs | This specifies if the association needs to insure the property for “Bare Walls”, “Original Building Standard”, or “Full Coverage of Unit Interiors”. Also may dictate specific endorsements or deductibles required by the association |
| Declarations Pages of your current Master Policy | This is used to check for Davis-Stirling Fannie Mae, & Freddie Mac compliance. Accuracy of building replacement values and CC&R adherence are checked. |
| Current Loss Runs | This is documentation of any claims that have been filed in the last 5 years. Carriers require them to validate their quotes. You will need to request these from the current agent before you can get a firm proposal quote from another agent. |
| Building Information | You will need to provide property specifics such as year built, number of units, type of parking structure, construction type etc. |
| Updates | Inform agent as to any updates to roof, electrical, plumbing or HVAC. Failure to provide this information will create artificially higher pricing by other companies if you are shopping for a new policy. |
Insurance Risk Review | HOA Quote Form