Community Association Package
The V3 Community Association Package Program V3 CAPP+ is designed to offer a multi-line package policy providing Property, General Liability, Crime and Directors & Officers coverages to Condominiums, Cooperatives, Homeowner Associations and Office Condominiums. This quality product is backed by the financial strength and security of Hiscox Insurance Company Inc., rated A (Excellent) XI ($750 Million to $1 Billion) by AM Best. The product is admitted and is available in the following States: AZ, CA, CO, CT, DC, GA, IA, IL, IN, KS, MA, MD, MI, MN, MO, NE, NJ, NY, NV, OH, OR, PA, TN, UT, VA, WA and WI.
Furthermore, through other V3 facilities, we have the capability to provide coverage for “If Any” Workers’ Compensation and Environmental Impairment Liability; hence, creating a comprehensive offering that not many markets in the industry can truly offer!
- Property Limits up to $75,000,000
- General Liability Limits $1M /$2M
- Directors and Officers Limits up to $5M
- Property Coverages include Crime, Employee Dishonesty, Computer Fraud, Landscaping, Bridges, Bulkheads, Docks, Limited Fungus, elevator collision and other coverages requested by Community Association Clients
- Available in: AZ, CA, CO, CT, DC, GA, IA, IL, IN, KS, MA, MD, MI, MN, MO, NE, NJ, NY, NV, OH, OR, PA, TN, UT, VA, WA and WI.
- Coverage included for incidental retail, restaurant and mercantile occupancies
- Pools, lakes, golf courses and facility rentals can be considered
- Bare Wall, Original Specs & all in Coverage
- D&O Coverage includes enhancements for Crisis Management Expense and Privacy Event Protection
- Hired and Non-Owned Auto and Garage and Parking Area Liability included
- Condominium Associations
- Homeowner and Townhome Associations
- Co-Operative Apartments
- Office Condo