Protect Your Community. Safeguard Shared Property.
Condo association insurance provides coverage for shared spaces—including lobbies, elevators, parking areas, and pools—protecting your association from property damage and on-site liability. Strata Insurance Group helps ensure your community is fully protected.
Why Condo Association Insurance Matters?
Condominium associations face unique risks, from property damage in common areas to accidents or injuries on shared property. Standard property or homeowners insurance does not cover these communal spaces.
Our specialists assess your association’s property, amenities, and liability exposures to tailor a policy that protects both your building and residents.
What Condo Association Insurance Covers?
Comprehensive Protection for Shared Spaces
Policies may include:
- Property Coverage – Protection for lobbies, elevators, hallways, pools, parking areas, and other common areas
- Liability Coverage – Protection if someone is injured on association property
- Equipment Breakdown Coverage – Covers mechanical or electrical failures in shared facilities
- Natural Disasters & Fire – Protection for damage caused by covered perils such as storms, fire, or vandalism
- Loss Assessment Coverage – Helps cover special assessments or unexpected expenses
Coverage options vary depending on building size, amenities, and risk exposures.
