Directors and Officers
Having the proper insurance is the best way to protect the board members of your Condominium Association. Chapman Insurance Group understands this, which is why we offer the best directors and officers insurance in the state of Florida.
A good Directors and Officers policy cover legal claims made against people related to your condominium association, including:
- All COA board members
- COA employees
- Committee members
- COA volunteers
Why is it necessary to get Directors and Officers insurance?
Here are a few reasons why:
The COA board needs it.
It’s not uncommon for homeowners to seek legal action against a Condominium Association. If this happens, Directors and Officers insurance can protect the board from any personal liability.
It covers legal expenses.
Members of the COA board are unpaid volunteers, meaning that they don’t typically have the means to support a legal battle. Directors and officers insurance takes care of that coverage.
General liability is not enough.
General liability does not protect Directors & Officers from their potential errors or omissions. Specifically, for the decisions that they make that could financially impact the association in a negative way.
Questions about Directors & Officers insurance?
Ask an expert.
Chapman Insurance Group knows that you care about your condominium association and everyone it involves – we do, too. If you’ve got questions, we’ve got the answers.
Directors & Officers insurance near you.
CIG provides Directors and Officers insurance to COAs in Port Charlotte, Punta Gorda, Cape Coral, Fort Myers, Bonita Springs, and Naples.
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