Condo Association Insurance in California
Pledge Insurance Services explains options for condo association / HOA insurance packages, contact 800-400-9278 with questions.
- Building & common areas — master policies protect shared structures, lobbies, roofs, grounds owned by the association.
- Loss assessment coverage — helps unit owners pay their share when the association levies a special assessment after a covered loss.
- Equipment breakdown — covers elevators, boilers, shared mechanical systems for the entire building.
- Directors & officers — optional D&O coverage protects board members from lawsuits alleging wrongful acts in association management.
Key coverage highlights
- Common area property
- General liability
- Directors & officers options
- Fidelity bond coverage
Common questions
What does a condo master policy cover?
The building structure, common areas, and association liability. Individual unit owners need their own condo policies.