Kevin Davis

Insurance Needs for Community Associations

Members of community associations play a key role in running the organizations in the immediate areas in which many people live. These non-governmental groups are essential to the smooth operation of many of the services on which people rely, by governing their communities according to items such as articles of incorporation, bylaws, CC&R’s and other legal documents. With the need of community associations, it is important that they are protected by insurance services such as those offered by Kevin Davis, from unforeseen events that can prevent them from serving their communities.

Types of Groups Categorized as Community Associations

There are several types of groups that are categorized as community associations. Some of these include:

  • Condo hotels
  • Resorts
  • Commercial condos
  • Planned Unit Developments
  • Co-Ops
  • Homeowner/condo associations

These types of groups have unique needs compared to other types of organizations. When exploring options for insurance plans, it is important to consider the importance of the following types of coverage:

  • Umbrella
  • Cyber risk
  • Crime
  • Directors and officers liability

How to Get Covered

With all the factors to consider and options available, it is not necessary to plan alone. There are experienced insurance agencies, such as Kevin Davis Insurance Services, that can help assess a group’s exposures and recommend plans that can ease those concerns.