Homeowners Association Insurance
As the number of Homeowner and Condominium Associations increase in Santa Barbara and Goleta, it is crucial that property managers purchase the right types and quantity of insurance. Sound daunting? Baxter Insurance can help! Our HOA/COA insurance agents will obtain quotes from the Nation’s leading insurance companies to find the most competitive rates and comprehensive coverage available.
Baxter Insurance will save you the time and hassle of searching for multiple quotes for your homeowners or condominium association insurance. We work directly with insurance companies specializing in HOA/COA coverage. Baxter’s dedicated agents have insured homeowner and condominium associations across California since 1988; providing everything from liability, property, directors & officers, crime, earthquake, workers compensation, flood insurance to umbrella liability.
Call Baxter Insurance at 805-963-4048 for free quote
5 Types of Coverage Your Association Needs
1. Injury’s, accidents, and mistakes happen on association property every day. Liability Coverage can pay for damage or injuries your HOA may be liable for. It also provides your association with legal defense!
2. Water-related claims are very common with California HOAs, especially those older than 10 years. Building Property Coverage can reimburse you for damage caused by broken pipes and water leaks.
3. Costly office and maintenance equipment are often destroyed during fires. Business Personal Property Coverage can provide the funds needed to buy computers, desks, furniture, and equipment needed to recover after a major loss.
4. HOAs are regularly sued both by legitimate claimants and those who are looking to take advantage of an opportunity. Umbrella and Excess Liability Coverage give you additional protection by providing additional amounts of liability that follow your underlying policies coverage.
5. HOA’s assets and the personal assets of its directors and officers are at risk with every decision you make, every day. Board members may be vulnerable for allegations of misrepresentation and other breaches of fiduciary duties and can be held personally liable. Directors & Officers Insurance provides coverage for these oversights and protect the Association and the directors and officers of the board as individuals.
Call Baxter Insurance at 805-963-4048 for a free quote today!