Why Essex County businesses need community association insurance
Essex County's condo associations from Montclair to Newark need D&O protection for boards and coverage for shared buildings. Community association insurance protects condo associations and HOAs, their boards, their buildings, and their shared spaces. The centerpiece is directors & officers (D&O) coverage, which protects volunteer board members personally from lawsuits over their decisions. It also covers the common-area property and the association's general liability.
What community association insurance covers in Essex County
An association policy generally combines directors & officers (D&O) liability protecting the board, commercial property for buildings and common areas, and general liability for injuries in shared spaces. Many associations add fidelity/crime coverage (protecting against theft by a board member or manager) and, where applicable, coverage for shared amenities like pools, clubhouses, or docks.
Sizing the right coverage for your Essex County business
Coverage is sized to the number of units, the value of common-area property, the amenities, and the association's budget. Boards frequently under-insure D&O, the coverage that protects volunteer members personally, which is exactly the protection that makes people willing to serve. We help associations match coverage to their governing documents and state requirements.
Working with a local Essex County agent
As an independent agency, Kevin Brown Insurance Agency compares multiple highly-rated carriers rather than pushing one company's products. Serving Newark, Montclair, and West Orange and all of Essex County, we explain the coverage in plain language and place it correctly the first time.