Condominium associations require their own property, liability and other important insurance coverage. Individual unit owners have a collective responsibility for securing this insurance. A condominium association typically collects monthly dues from unit owners and uses a portion of these funds to insure the building, common areas and the condominium association’s liability.
Contact a MR Shaw commercial insurance specialist today to discuss the right options for your building. We insure over 100 condominium associations in the Greater Boston area and are considered specialists in this field.