Homeowners Association (HOA) Insurance
Homeowners associations carry significant responsibility — from maintaining common property to managing finances and protecting board members. The right HOA insurance program helps protect the association, its leadership, and shared assets.
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At Crosswinds Insurance Agency, we work with HOA boards and property managers to compare insurance options from multiple carriers and structure coverage that aligns with governing documents, property values, and operational risks.
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Request an HOA Insurance Quote
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What Is Homeowners Association (HOA) Insurance?
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HOA insurance is designed to protect the association itself, not individual homeowners. Coverage responsibilities are typically outlined in the association’s bylaws, declarations, and CC&Rs.
An HOA insurance policy may help protect:
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Common buildings and shared structures
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Common areas and amenities
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Association liability exposures
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Board members and officers
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Association funds and owned property
Every HOA is different — coverage should reflect how the community is owned, maintained, and managed.
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Common HOA Insurance Coverages
Coverage varies by carrier and policy, but HOA insurance commonly includes:
Master Property Insurance
Coverage for common buildings, shared structures, exterior elements, and association-owned property, based on governing documents.
General Liability Insurance
Helps protect the association from claims involving bodily injury or property damage occurring in common areas.
Directors & Officers (D&O) Liability
Helps protect board members and officers from claims related to governance decisions,
enforcement of rules, financial management, and fiduciary duties.
Crime / Fidelity Coverage
Coverage for theft, fraud, or dishonest acts involving association funds, including embezzlement.
Association Property & Equipment
Coverage for maintenance equipment, signage, furniture, and association-owned personal property.
How Governing Documents Affect HOA Insurance
An HOA’s governing documents often define:
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What the association must insure
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What individual homeowners are responsible for
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How losses are allocated
We can help review:
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Declarations and bylaws
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Insurance certificates
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Prior policies
to help ensure coverage aligns with association responsibilities and avoids gaps.
What Impacts the Cost of HOA Insurance
HOA insurance premiums are influenced by:
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Number of homes or units
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Construction type and age
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Replacement cost values
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Amenities (pools, clubhouses, playgrounds, walking trails)
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Prior loss history
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Coverage limits and deductibles
We help associations balance coverage needs and budget considerations.
Why Work With Crosswinds Insurance Agency?
As an independent insurance agency, we’re not tied to a single carrier. That allows us to compare coverage options and explain differences clearly to HOA boards.
With Crosswinds, associations receive:
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Multiple carrier options
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Assistance reviewing governing documents
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Annual policy reviews and renewal guidance
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Ongoing service and support
Homeowners Association Insurance FAQs
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Does HOA insurance cover individual homes or units?
Typically no. HOA insurance generally covers common areas and shared structures. Individual homeowners usually need their own personal insurance policies.
Is D&O insurance important for HOA boards?
Many associations carry D&O coverage to help protect board members from claims related to governance and decision-making.
Does HOA insurance cover volunteers?
Some policies include coverage for volunteers acting on behalf of the association. Coverage details vary by policy.
How often should HOA insurance be reviewed?
HOA insurance should be reviewed annually and after changes such as property improvements, added amenities, or changes in board leadership.
Get an HOA Insurance Quote
Protect your community, board members, and shared property with coverage designed for homeowners associations.
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