Homeowners Association Insurance, Condominiums Insurance

From a condominium complex fire to visitor injuries, you need to know you
have the coverage you want when the unexpected occurs.

T.W. Morgan Insurance Services Homeowners Association Package can be designed for the challenges and opportunities that Homeowners association directors or property managers often face. Request a Homeowners Association insurance quote to get started.

Coverage highlights

Make sure you have Business Property insurance coverage for your homeowners association property location if a fire, hail or windstorm strikes and damages the building and the common property. This can help you minimize and help you return to "business as usual" after a loss.

Protect Where You Do Business

Whatever each new day brings, T.W. Morgan Insurance Services Business Property Insurance is still your best defense against unexpected occurrences such as fire, hail, windstorms, and other natural disasters. Key coverage examples include:

  • Building Coverage

    You find success in your store, office, factory, and/or other locations. Then a major fire renders your place of business unsafe for you and your employees. Our Agency Business Property insurance will make certain your damaged building is repaired or rebuilt quickly so you avoid losing income and preserve both the equity and your future.
  • Business Personal Property Insurance

    The loss of any property you own or create for sale affects your bottom line. If a windstorm damages any of these items, Business Property insurance can help you replace everything from computers and inventory to equipment and tools.
  • Business Income

Our Insurance carriers provides coverage to keep your business operating until goods and services are being produced again. This insurance not only replaces lost business income while the office and its contents are being rebuilt and replaced, but it can also  cover the operating and payroll expenses necessary to keep you and your business on your feet after a loss. You can even elect Extended Business Income Coverage, which helps replace lost business income for an extended period of time after your business operations resume.

Obtain coverage for damage to buildings and structures, including completed additions, fixtures inside and outside of individual units, permanently installed machinery and equipment, outdoor furniture, floor coverings, and appliances not contained within individual units

Insurance coverage for your association in case of accidents, mistakes or injuries that may occur on your property. The policy also offers Directors and Officers Liability for disputes against the actions taken by you and other board members.

Minimize Your Business Risks

Everyone makes mistakes, and unintentional accidents in your business may lead to injuries that can be physical, financial, or psychological. Anyone who comes in contact with you or your employees can file a claim or lawsuit against you for many reasons, from funds needed for ongoing medical attention to unfulfilled promises stated in a business contract.

Business Liability insurance helps your business stand strong through challenging situations by covering the associated cost of legal defense and legal damages you are obligated to pay, up to the policy limits selected. Our agents are the experts you need to partner with. We can help you navigate a wide range of options that fit your individual business insurance needs.

Many scenarios, one solid, customized solution

Your unique business faces a wide range of unpredictability, and Business Liability insurance can help businesses mitigate potentially devastating lawsuits. Coverage examples include:

  • Premises and Operations

A customer at the store you own trips over a fixture and sustains a significant injury from the fall. Bills for the hospital visits are submitted to you for payment.  Business Liability Insurance can cover these charges, as well as the business owner, should he be sued by the customer for negligence.

  • Products and Completed Operations

The deck you built a year ago was flawed, causing a new building owner fiscal disaster. A legal notice appears in the mail informing you of a lawsuit. The case goes to court and your former client wins. Business Liability insurance can handle the defense costs and, if it comes to it, the legal damages for which the policyholder is responsible.

  • Cyber Liability and Data Breach

You don't know why or how, but your computer system has been hacked. And now all your confidential business and customer data could be online, free to trade and impersonate. The least of your worries is finding the source of the data breach and repairing exposed computers. Your focus is now on damage control and possibly recovering stolen data. Fortunately, your Cyber Liability insurance coverage can help provide you with legal and forensic assistance, as well as free data security risk management services for your customers.

  • Employment Practices Liability

If you've been in business for a few years or operate in an industry with high turnover rates, you've likely hired many employees, whether temporary or full-time. The truth of the matter is that any of these employees can bring legal action against your business at any time.  Employment Practices Liability insurance can help cover your business entity, directors, officers and employees if you are accused of wrongful termination, harassment, discrimination, and other employment-related offenses.

When it comes to liability, it's not all business, either. If you own a sole proprietorship or partnership and don't have Business Liability insurance coverage and your business income can't cover the entire cost of a claim or lawsuit, the rest of the funds might have to come from your personal assets. In some situations, corporation owners can even fall victim to personal liability. Therefore, it pays to have liability insurance that's right for your business in more ways than one.

Your Safety and Satisfaction are Number One

Not only does T.W. Morgan Insurance Services offer some of the best, personalized service and fast, expert assistance in claims handling, but we are also here to help your business prevent incidents from recurring and/or mitigate potential future losses.

  • Business Crime Insurance Coverage

Business Crime insurance coverage for your Homeowners Association could help you with losses in the event of vandalism, robbery or board member dishonesty.

As a Homeowners Association director, you know the opportunities that come with running the association are also coupled with significant risk. Get an introduction to the different types of Business insurance from T.W. Morgan Insurance as you business insurance partner.  Call us today at (503) 245-3345 or Toll Free (888) 821-4717 for a free insurance evaluation of your current program.