Homeowners Association (HOA) Insurance Coverage Checklist
The coverages a homeowners association (hoa) business may carry — core, prevalent, and situational — why each matters, and the gap most often missed.
Pull out your current policy and check the box next to any coverage you can confirm is already in place — anything unchecked is worth a quick conversation with your advisor. Coverage checklist for planned-community HOAs. Priorities reflect typical exposure; confirm against amenities and enforcement practices.
Tick each coverage you can confirm you carry — anything left unticked is a good question for your next policy review.
| Have it? | Coverage | Why this business needs it | Priority |
|---|---|---|---|
| Directors & Officers | Covers homeowner suits over board decisions, fines, and fair housing — the most frequent HOA claims. | Core | |
| Commercial General Liability | Covers injuries at pools, playgrounds, ponds, and common areas. | Core | |
| Fidelity / Crime | Covers theft of assessments and reserves, including by the manager. | Core | |
| Umbrella / Excess Liability | Adds limits for a drowning or serious common-area injury. | Prevalent | |
| Commercial Property | Covers clubhouses, pool houses, and other association-owned structures. | Situational | |
| Volunteer Accident / Workers' Compensation | Covers volunteers and any employees. | Situational |
The coverage gap most often missed
The most commonly missed gap for this class is D&O coverage that fits how HOA claims arise. Homeowners sue boards over fines, architectural decisions, elections, and fair-housing issues like assistance animals — claims general liability doesn't cover, and some D&O forms exclude non-monetary or fair-housing claims. Boards should confirm those coverages, follow notice-and-hearing rules before fines, and document the reasons for every enforcement decision.
Send us the checklist and we'll review your homeowners association (hoa) coverage line by line, then market it across multiple carriers that compete for your account.
Related: Homeowners Association (HOA) Insurance · Homeowners Association (HOA) Supplemental (apply) · All coverage checklists
Frequently asked questions
What insurance does a homeowners association (hoa) business need?
The core coverages for a homeowners association (hoa) business are Directors & Officers, Commercial General Liability, Fidelity / Crime. This checklist also lists the prevalent and situational coverages worth considering, with a plain-English note on why each matters.
Is this checklist insurance advice?
No. It is a free educational tool to help you have a more informed conversation with a licensed professional. It affords no coverage and is not insurance, legal, or financial advice — only your actual policy language governs what is and isn't covered.
Can Cory Washington & Co. review my homeowners association (hoa) coverage?
Yes. Share your checklist and we'll review your program line by line, market your account across multiple carriers, and explain the trade-offs in plain English. Cory Washington & Co. LLC is licensed in all 50 states.
This checklist is a free educational tool from Cory Washington & Co. to help you review your own coverage and have a more informed conversation with a licensed insurance professional. It is general information only — not insurance, legal, or financial advice, and not a recommendation to buy, change, or cancel any policy. Coverage terms, availability, limits, and requirements vary by policy, carrier, and state, and only the language in your actual policy governs what is and isn’t covered. Checking or leaving blank any item above does not indicate that you are adequately insured or under-insured. Using this checklist does not create a client, agency, or fiduciary relationship. Always consult a licensed professional about your specific situation.