Community Association Package Program from Bailey Special Risks, Inc.
Bailey Special Risks, Inc. (BSR) offers a targeted Community Association Package that addresses the insurance needs of homeowners associations (HOAs), condominium associations, planned unit developments (PUDs), townhome communities and similar common-interest developments. The program is underwritten by United States Liability Insurance Group, an A.M. Best A++ rated carrier, giving agents access to a financially strong market and flexible coverage options.
Ideal Accounts and Appetite
This program matches a broad range of community association risks, including:
- Residential condominium associations
- Homeowners associations (HOAs)
- Planned unit developments (PUDs)
- Townhome and villa communities
BSR is comfortable with associations that maintain common areas and have active management. Properties with amenities such as pools, clubhouses, tennis courts, and limited recreational programming are acceptable when they meet underwriting guidelines. Risks with chronic deferred maintenance, high frequency claims, or significant habitational conversion exposures typically fall outside the appetite.
Coverage Highlights and Advantages
The Community Association Package combines core protections most associations need, offered in flexible ways to align with each client’s exposure profile:
- General Liability for common-area exposures
- Property coverage for association-owned buildings and common structures
- Directors & Officers (D&O) Liability to protect board members
- Crime and Fidelity bonding to cover employee or volunteer dishonesty
- Umbrella/Excess Liability for higher limits
- Professional Liability (where applicable) for management errors and omissions
Applications are streamlined for speed and accuracy. Available application forms include:
- Community Association Package Application
- Community Association Umbrella Application
- Community Association Professional Liability Application
Agents can rate and quote eligible accounts online. Submissions that fall within the program’s HIT ZONE receive a guaranteed quote, shortening turnaround and improving placement certainty.
Underwriting Notes and Minimum Premiums
This is a non-admitted program, which provides underwriting flexibility and competitive terms for qualified associations. Minimum premiums vary by state, exposure, and scope of coverage; BSR’s quoting tools help determine eligibility and pricing quickly. Typical declinations include associations with extensive habitational risks, unresolved loss history, or exposures outside published eligibility guidelines.
Territories and Availability
The Community Association Package is available in the following states:
AL, AZ, AR, CA, CO, CT, DE, FL, GA, ID, IL, IN, IA, KS, KY, LA, MD, MA, MI, MS, MO, NV, NJ, NY, NC, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, WA, WV, WI, WY
Why Work With Bailey Special Risks, Inc.?
As a wholesale broker focused on specialty and hard-to-place risks, BSR combines experienced underwriting with fast, user-friendly quoting tools. Agents benefit from:
- Access to a top-rated carrier (United States Liability Insurance Group)
- Underwriters experienced with community associations and common exposures
- Streamlined online rating and guaranteed quotes for HIT ZONE submissions
- Support placing programs that require non-admitted flexibility
Example fits: You might have a midsize condominium association seeking combined property, general liability and D&O limits after a recent board turnover; or an HOA with a pool and clubhouse that needs primary liability, crime coverage and excess limits. Both scenarios align with this program’s strengths when the association demonstrates active management and maintained common areas.
Whether the account is a small suburban HOA or a larger urban condo association, BSR provides underwriting expertise and market access to help you place community association business confidently.