Condo Associations

Condominium
Associations

Property & Casualty / Real Estate / Condominium Associations

Let us care for
your community.

Whether you’re the president of your condominium owners association (COA), or serve as the property or community manager advising a portfolio of condominiums, providing adequate insurance for your property, board and additional entities is one of the most complex decisions you face. And if you’re representing a coastal property, your insurance needs are likely to be even more intricate.

It’s essential to partner with a specialized risk and insurance team who can bring you the experience and knowledge you need to protect your condo community.

Serving COAs and HOAs is our passion and has been for over 30 years.

Why Choose Valent?

Our clients benefit from working with a risk consultant who understands the real estate industry as both a buyer of insurance and a broker. As a division of EBSCO Industries, a global corporation with a variety of real estate holdings including multi-family and hospitality portfolios, we deploy EBSCO’s knowledge, technology, processes and resources, creating a competitive advantage for our clients.

Kris Kahalley, CIC

VP – Commercial Insurance

Kris Kahalley partners with condominium owners associations (COAs), their board presidents and property management firms to develop specialized risk management and insurance programs. Kris also focuses on coastal condominium communities, bringing over 30 years of experience to advise boards and managers with regard to specific insurance coverages and affiliated services such as safety and loss control. COAs benefit from Kris’ deep working knowledge of their unique risks. He is a native of Mobile, Alabama, and he and his team are based in Valent Group’s Mobile office. In addition to COAs, Kris services a variety of other industries, including construction, healthcare and beyond.

COA@valentgroup.com

251-404-9093

What Our Clients Are Saying

“Landmark has been working very closely with Kris Kahalley and his team for many years. When it comes to the complex world of making sure our neighborhoods and Board Of Directors are properly insured, they are always there to help. They shop new policies for us as needed and, usually, end up saving our customers money. Kris really knows the insurance business and he and his team produce fast results. They have become an integral part of our business and a trusted resource when it comes to properly insuring the neighborhoods we manage.”

Brooks Lyons and Team

Landmark Community Management

What Our Clients Are Saying

“Kris Kahalley has helped us greatly as our insurance agent through the years. His knowledge in the industry is unsurpassed, and he takes the time to check in with us on a regular basis. I know I can count on him to reach out whenever there is even a possibility of inclement weather that may adversely affect our properties.”

Tim M.

Condominium Manager

If you’d like to learn more about how we can help you better care for your condo community and related insurance and risk management needs, let’s connect.

Areas of Coverage

Your condominium owners association (COA) insurance program should include consideration of a variety of exposures and risks. The core coverages that most COAs will want to evaluate include (but are not limited to):

General Liability:

Individual Owners Included as Insureds

Property Insurance:

Specialized Deductibles

All-in Endorsement

Backup of Sewer & Drains

Flood Insurance:

Including Excess Flood

Umbrella Liability:

Limits up to $100M

Director's & Officer's (D&O) Liability
Employment Practices Liability
Crime & Fidelity Coverage
Workers' Compensation

You’ll want to work closely with your specialized risk consultant to assess these policies and build a custom program best suited for your association, community, risk tolerance and location. We’ve also provided a variety of educational resources specific to COAs and HOAs to equip you, your team and your board.

Resources to Help You
Manage Your COA/HOA:

Communicating with Homeowners

Condo and HOA Inspections

HOA Considerations for Hiring

HOAs and Foreclosures

Keeping Minutes at Board Meetings

Keeping Reserves for HOA

Neighborhood Watch Groups

Pool Liability

Protecting Your HOA’s Amenities

Role of an HOA or Condo Treasurer

Security Options for your HOA

Our robust condo loss control guide offers 25+ checklists, forms and policies for common property-related exposures.

Access Our Loss Control Guide

Insights

COA Considerations for Hiring a Staff or Independent Contractors

Dec 6, 2021 | Business Insurance, Condo Associations

Members of condo or homeowners associations (COAs/HOAs) usually don’t manage communal property or handle building projects themselves—this is one of the perks of joining an COA/HOA. Members’ association fees may pay for snow removal, security, maintaining common...

Foreclosing on a Condo/HOA Member’s Property

Oct 26, 2021 | Business Insurance, Condo Associations, Risk Management

Recovering delinquent fees and assessments from members of a condominium or homeowners association (HOA) can be a headache for the HOA’s board. Each homeowner shares a piece of the association’s operating costs; when they fail to pay their fees, it prevents the HOA...

Keeping Reserves for Your HOA

Oct 4, 2021 | Business Insurance, Condo Associations, Real Estate, Risk Management

How much money does your condo or homeowners association (HOA) have in its reserve fund? If you’re puzzled by this question, your HOA could be in for an unpleasant surprise when a major repair—such as replacing the roof—is needed and your association doesn’t have the...