INSURANCE FOR
BUSINESS STRATEGIES FOR
What HOA Insurance Protects
Homeowners Associations carry unique financial, property, and liability risks. HOA Insurance helps protect the community’s:
✓ Common buildings & property
✓ Board members & volunteers
✓ Community funds & reserves
✓ Liability exposure
✓ Long-term financial stability
✓ Legal and governance protections
Whether it’s a master-planned community, condo association, PUD, or townhouse development, HOA insurance ensures the association—and its members—are protected from unexpected loss.
HOA Insurance typically covers:
Property Coverage for Common Areas
Buildings, clubhouses, roofs, fences, pools, landscaping, and shared structures.
Workers Compensation (when required)
Coverage for employees or maintenance workers, depending on the association’s structure.
General Liability
Protection if a resident, guest, or vendor is injured in a common area.
Directors & Officers (D&O) Liability
Covers board members, committee members, and volunteers for decisions made in their roles.
Crime & Fidelity Bonds
Protection for theft or misappropriation of HOA funds.
Equipment Breakdown
Coverage for pumps, boilers, HVAC, elevators, and other association-managed systems.
Note: Coverage varies based on CC&Rs (Covenants, Conditions & Restrictions) and governing documents. We help ensure the policy aligns with your community’s requirements.
Why HOA Insurance Isn’t Optional
An uninsured or underinsured HOA puts the entire community at risk. Losses to shared property or liability claims can result in:
Special assessments for homeowners
Lawsuits against the association or board
Major repair delays
Reduced property values
Financial instability
Common claims include:
Slip-and-fall injuries
Pool or playground accidents
Roof or building damage
Fraud or theft of community funds
Board decision disputes
Vendor or contractor injuries
HOA coverage protects both the association and the homeowners who rely on it for property value and community stability.
How We Match You With the Right Policy
Every carrier evaluates risk differently. We guide you through:
Industry classification
Employee exposure
Risk factors
Operations and service areas
Contract requirements
Loss history
Coverage limits and endorsements
Then we shop multiple top-rated carriers to compare pricing and coverage options.
As CEPA-informed advisors, we also ensure your liability structure supports your broader business goals, cash flow, and long-term value.
Why Businesses Trust Wasatch Preferred
Fast Certificates
COIs delivered quickly so you never miss a job or delay operations.
Competitive Carrier Access
We represent top carriers across Utah, giving you more choice and stronger options.
Clear Guidance
We simplify the process so you understand your policy—and your protection.
Strategic Insight
Insurance isn’t just a requirement—it’s a financial safeguard. We help ensure your coverage aligns with your business performance and future goals.
Get a General Liability Quote
Whether you’ve had coverage for years or are getting your first policy, we make the
process simple and fast.
Insurance products are offered through Wasatch Preferred.
Coverage availability and eligibility vary by carrier and state.
CEPA advisory services are provided in a non-fiduciary,
non-investment advisory capacity and do not include legal,
tax, or investment advice.
Insurance services are provided by properly licensed agents.
License information is available upon request and varies by state.
Insurance products are offered through Wasatch Preferred.
Coverage availability and eligibility vary by carrier and state.
CEPA advisory services are provided in a non-fiduciary,
non-investment advisory capacity and do not include legal,
tax, or investment advice.
Insurance services are provided by properly licensed agents.