Insurance for Condominium, Homeowner and Townhome Associations

Associations have specific insurance needs and requirements; this is our specialty at Smith Watson Parker!
In addition to the basic property, flood and liability policies associations may need Workers Compensation, Commercial Auto, Umbrella, Inland Marine, Boiler Machinery, and other specialized forms of insurance.

Typical required documentation for a property proposal:

• Color photograph(s) of representative buildings and auxiliary buildings such as cabanas, parking garages, etc.
• Currently valued insurance company loss runs for the current policy period (some companies require additional prior years)
• Plot plan
• Latest financial statement or budget
• Association governing document
• Statement of values
• Web site information