ouvier Insurance is one of the Northeast’s largest agencies specializing in Community Association insurance. We have access to virtually all the leading insurance carriers and have extensive claims management experience both at the association and unit owner level. Our licensed insurance staff have the knowledge and experience to help ensure that your association is prepared should the unexpected happen.
What is a Condominium Certificate of Insurance and how can you request one?
A certificate of insurance is a document that provides a snapshot of the coverage limits, policy effective and expiration dates, and insurance carriers that insure the condominium association. If you are a condominium unit owner, or you are preparing to purchase a condominium, you may be asked to provide this document initially and annually.The process is quite simple. Just click on request a condominium certificate and complete the brief form. By doing so, we will have all the necessary information to accurately send the certificate to the party that needs it. You will receive electronic confirmation of your request and also a follow-up message when we complete it!Did you receive a letter from your bank or financial company requesting a certificate? If you prefer, you may fax it to us at 860-232-6637.Visit our CondoLogic website to let us help you make informed insurance decisions and save money in the process. CondoLogic’s insurance experts will make sense of confusing coverage details. We’ll help unit owners understand how each policy works to keep you protected. We even offer no-obligation policy reviews and quotes to help ensure that there are no coverage gaps or overlaps.
What do they mean to your Association?
Why is it important that Associations collect and maintain certificates of insurance?
It is important that certificates are collected from each vendor to protect the interest of the Association in the event of a claim. This way, the association knows what coverage is in place and who to contact should anything ever develop.
Additionally, for Associations that carry workers’ compensation insurance, it is vital that they maintain records of these certificates to avoid being a surcharged at audit for exposures that were not covered by the vendors.
At Bouvier Insurance we are dedicated to educating our associations and unit owners to the nature of coverage provided by both the master and individual unit owner policies. Our “HO-6 Program” is comprised of a team of agents that can provide a customized review of your master policy and counsel you on the various coverages that should be purchased by a unit owner via an HO-6 policy.
We would be happy to perform a complimentary review of your association’s current insurance program. Let our team of knowledgeable professionals help you understand what options you have and guide you to the best condominium master insurance coverage that suits your association.