Defend Condo Board Members From Lawsuits

condo association directors insurance programs

When having a condo association under your care, there are many parts that must be protected in different ways, especially considering the fact you are watching over the homes and livelihoods and many different people. Some of those people include board members, who work as directors to oversee various parts of the association. It’s important to look at condo association directors insurance programs in order to protect these vital members, as they handle a great deal of business that can directly affect members of the condominium.

Why Directors Insurance?

There is a multitude of insurance programs that should be included to protect your condo association. Some may focus more on covering the costs of medical bills, repairs and replacements, but others can cover legal fees should someone make a claim against your association. General liability will typically cover these fees should the lawsuit be directly involving your association itself, but these policies often exclude individual board members. This is where condo association directors insurance programs come into play. Some of the specific situations that these types of policies can cover include:

  • Negligence
  • Discrimination
  • Types of harassment
  • Breach of contract or other legal terms
  • Wrongful termination
  • Violation of laws (such as employment laws)
  • Employment practices liability 

These are only a few claims that can be filed against individuals who work as directors for your condo association. Some accusations may be unwarranted while others are legitimate but, either way, condo association directors insurance programs can handle the different legal fees involved.