Business Insurance for Homeowners Associations

If you are living in an HOA or condominium complex, or are on the board of your local HOA, you know how critical it is to have a business insurance policy for your Homeowners Association to protect your community from any unexpected mishaps that may arise. HOA Insurance is separate from standard home insurance that an HOA resident or condo owner should have themselves. The business insurance policy for your HOA can be tailored to meet your community’s specific needs, so we recommend meeting with one of our insurance agents to review all of your options.

Common Santa Barbara HOA Insurance Options:

Property Damage Coverage

HOA Insurance gives you protection if buildings in the community are damaged in the event of fire, wind, hail, and accidental water damage. It also gives you coverage for other common areas, such as the office, community center, clubhouse, pool, fences, etc.

Liability Insurance for Injuries

If someone is injured in one of the Homeowners Association’s common areas, you would need business liability insurance to cover any medical or legal expenses associated with their injury. If there are any areas within the HOA that are considered unsafe or potentially dangerous and they were sued for negligence, the HOA Business Liability Insurance would cover those expenses.

Work with Santa Barbara Insurance Agents

Working with a local agent lets us design an insurance plan specific to the needs of fellow Santa Barbarans! We have been in business since the 1980s and are very well versed on the ins and outs of local and state insurance needs and requirements. We are also here to help you when you need to file claims or manage your policy. Let us do the hard work for you!

Call us today to talk about your Homeowners Association Insurance policy needs: (805) 963-4048.