Condominium Association Business Insurance

Through our exclusive partnership with Arden Insurance Services, the Amerisure Programs division offers coverage options for condominium associations.

Condominium Association

Our package program is the first of its kind designed exclusively for condominium associations. Amerisure Programs works through Arden Insurance Services, LLC, a specialty managing general underwriter/agency (“MGA”) with 100+ years of expertise providing broad, comprehensive coverage. Our program is only available through select experienced brokers. Available States: AZ, MI, IL, OH, WI. Eligible Classes: Residential Condominium Associations, Mixed Commercial/Residential, Mixed Residential Condominiums with single-family homes, and Phasing Associations.

Program Highlights

Guaranteed Replacement Cost (GRC)

No dollar limitation for buildings, community personal property and structural glass and signs. If you don’t have GRC, you may not have full coverage.

Building Code Coverage

Automatically includes demolition and increased cost of replacement construction due to more stringent building codes

Employee Dishonesty Coverage

Protects association funds from theft and embezzlement and coverage for the property manager

Machinery and Equipment Coverage

Automatically includes damage caused by an explosion of vessels under pressure and mechanical breakdown at Guaranteed Replacement Cost



Guaranteed Replacement Cost
Property limits up to $200,000,000
Building Ordinance or Law Coverage- $300K included (higher limits available)
Sewer backup
Earthquake Sprinkler Leakage (EQSL)
Split deductible options
Bare walls, Original specs, and All-in coverages

General Liability

Comprehensive General Liability- limit of $1M/$2M
Medical payments coverage for unit owners injured in common areas
Extended definition of bodily injury
Board members and officers included as insureds


Hired & Non-Owned Auto
Garage and Parking Liability coverage

Crime & Fidelity

Employee Dishonesty
Forgery or Alteration
Computer and Funds Transfer Fraud


Risk Management
SureConnect® – digital portal that allows for access to policy and billing documents, claims, risk management and reporting
Easy invoice payment
Coverage review
Benchmarking study
Flexible payment options
Online payroll reporting

Resources & Articles