Looking for Homeowners Association (HOA) Insurance?
Protect your HOA from resident injuries, property damage, board liability, and common area accidents. Harper provides tailored coverage for residential associations, condo associations, and community management organizations.
What is Homeowners Association (HOA) Insurance?
HOA insurance protects homeowner associations from financial losses related to common area injuries, property damage, board governance decisions, and resident disputes. Coverage typically includes general liability, property insurance for shared assets, and directors & officers (D&O) liability. State laws, governing documents, and mortgage lenders require associations to maintain adequate insurance to protect residents, board members, and community assets.
Common Area Liability
Covers injuries and accidents occurring in shared spaces such as pools, clubhouses, gyms, sidewalks, parking areas, and playgrounds.
Property Protection
Protects common buildings, amenities, landscaping, signage, fencing, and association-owned property from damage or loss.
Directors & Officers (D&O) Liability
Protects board members and officers from claims related to governance decisions, rule enforcement, budgeting, elections, or alleged mismanagement.
Fidelity / Crime Coverage
Covers losses from theft, fraud, or embezzlement by board members, employees, or vendors handling association funds.
Certificates
Fast proof of insurance for management companies, vendors, lenders, and mortgage companies.
Who Needs Homeowners Association (HOA) Insurance?
- Residential homeowner associations : Businesses requiring specialized insurance coverage
- Condo associations : Businesses requiring specialized insurance coverage
- Townhome communities : Businesses requiring specialized insurance coverage
- Community management organizations : Businesses requiring specialized insurance coverage
Why Harper?
HOA-Specific Insurance Expertise
Harper understands the unique risks HOAs face, from common area accidents to board decision disputes and resident complaints.
Fast Proof for Vendors & Lenders
Property managers, contractors, and mortgage companies require insurance documentation. Harper delivers certificates quickly to avoid delays.
Clear, Practical Guidance
We explain how general liability, D&O, and property coverage work together so boards understand their responsibilities and protections.
Coverage Tailored to Your Community
Whether your HOA manages pools, playgrounds, clubhouses, or extensive common areas, coverage is aligned to your amenities and risk exposure.
Frequently Asked Questions
What insurance do HOAs need?
Most HOAs need general liability for common areas, property insurance for shared buildings and amenities, D&O coverage for board members, and fidelity bonds. Larger communities often require umbrella coverage.
Is HOA insurance required?
Yes. State laws and governing documents typically require liability and property coverage. Mortgage lenders also require proof of HOA insurance for unit financing.
How much does HOA insurance cost?
Small associations typically pay $3,000–$8,000 annually. Large communities with pools, clubhouses, or extensive amenities may pay $15,000–$60,000+.
Does insurance cover pool accidents?
General liability can cover pool-related injuries when safety rules, maintenance schedules, signage, and lifeguard requirements (if applicable) are followed.
Does insurance cover board decisions?
Yes. D&O insurance protects board members from claims related to governance, rule enforcement, elections, budgeting, and management decisions.
Can HOAs require homeowners to carry insurance?
Yes. Associations commonly require unit owners to maintain homeowners insurance and provide proof of coverage to reduce shared risk.