Colonial General Insurance Agency, Inc. offers a comprehensive Condominium Insurance program designed for established community associations where all construction and development activities are complete. This program is an excellent fit for:
This market is available to retail agents and brokers in AZ, CA, CO, ID, NV, NM, UT, and WY. With access to both admitted and non-admitted markets, Colonial General helps you find flexible solutions tailored to your clients’ unique property and liability exposures.
Coverage Highlights and Available Options
Property Coverage for Condominiums Includes:
- Accounts Receivable
- Basic, Broad, or Special Form Coverage
- Building and Contents
- Business Income Protection
- Computer Equipment
- Equipment Breakdown
- Inland Marine
- Outside Signs
- Replacement Cost or Actual Cash Value
- Valuable Papers
Commercial General Liability Coverage Includes:
- Primary limits up to $3 million per occurrence/aggregate
- $5,000 Medical Payments Coverage included
- Hired and Non-Owned Auto Liability
- Additional Interests included at no additional cost
- Excess or Umbrella limits up to $25 million
- No liability deductible required
Crime Coverage Options:
- Inside the Premises – Theft of Money and Securities
- Inside the Premises – Robbery or Safe Burglary of Other Property
- Outside the Premises coverage
Ideal Accounts and Appetite
This program is best suited for well-established, professionally managed residential associations with stable operations. Ideal submissions include communities with completed infrastructure, standard exposures, and routine maintenance operations. This is not a fit for new developments or associations still undergoing construction.
Example: You might have a client managing a 150-unit condominium complex in Colorado with shared amenities and minimal claims history. Colonial General can help you place this risk with comprehensive property and liability coverage through a single source.
Why Place Business With Colonial General?
As a Managing General Agency and E&S broker, Colonial General offers specialized access to multiple markets for hard-to-place or niche risks. Their Condominium Insurance program brings together property, liability, and crime coverages in one place—ideal for agents looking for streamlined solutions for their community association clients.
With broad underwriting capabilities and multiple carriers, Colonial General works to find the right fit for your insureds while offering responsive service and tailored coverage options.
Territories and Market Access
This program is currently available in the following states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Utah, and Wyoming. Colonial General has access to both admitted and non-admitted markets, depending on the state and specific risk profile.
Frequently Asked Questions
What types of accounts are a good fit for this program?
Well-established residential community associations such as HOAs, townhome communities, and condominium associations with completed construction are ideal candidates.
Is new construction or development eligible for this program?
No, this program is designed specifically for completed and operational associations. Construction or development-phase risks are not eligible.
Which states is this condominium insurance program available in?
The program is available in AZ, CA, CO, ID, NV, NM, UT, and WY.
Are both property and liability coverages available?
Yes, coverages can be written on a mono-line or package basis and include property, general liability, and crime coverage options.
Do you need to submit a minimum premium to qualify?
Minimum premium requirements vary by carrier and account size. Contact Colonial General for underwriting guidelines on your specific risk.
Need help placing an account? Connect with a market specialist.