PIA has been tailoring insurance programs for condominium associations, apartment building owners, and planned unit developments since we opened our doors in 1960. Condominium and townhome associations have unique characteristics that require an industry professional. Apartment buildings also present life safety issues that need the expertise of a trained insurance professional.

Ask us today how you can buy affordable liability insurance for $250,000,000. That is not a typo. We are one of only a few agents nationwide who can provide this unbelievable insurance product for as little as $5,000. Fully backed by A rated admitted carriers.

What kind of coverage do you need?

As a bare minimum you should carry:

• General Liability to insure against third party negligence claims.
• Personal Injury Liability (typically part of a general liability policy) to insure against suits arising out of wrongful eviction.
• Property to insure buildings, office equipment, stock, loss of income, and inventory.
• Earthquake insurance to protect the building, appurtenant structures and loss of rental income.
• Building Ordinance to insure against enforcement of local building codes.
• EDP to insure your computer hardware and software equipment.
• Crime to insure against employee theft, and theft of monies and securities.
• Director's & Officer's Liability to protect your company and board from liability suits.
• Mechanical Breakdown Insurance to cover sudden and accidental loss due to electrical surges in your air conditioning, appliances, or electrical systems.

In addition to the above types of coverage you may need:

• Workers Compensation which is required by law if you have any employees.
• Auto Insurance if your company owns any vehicles.
• Umbrella Liability Insurance for extra protection.

Other considerations that we highly recommend are:

• Employment Practices Liability to insure against employee suits arising from sexual harassment, wrongful termination, and discrimination.
• Fiduciary Liability to insure against employee suits arising from employee benefit plans.
• Earthquake Deductible Buy Back, this unique policy reduces the deductible on your earthquake insurance policy. Ask your agent about it.
• Tenant Discrimination to insure against claims arising from suits alleging failure to rent to a tenant based on race, gender, etc.
• If your organization has a website we also recommend Media Liability Insurance.