Community Association Specialty Programs

Condominiums * Cooperative Apartments * Homeowners Associations

Primary and Seasonal

At Gerelli Insurance Agency, Inc. we specialize in providing insurance protection for condominiums, cooperative apartments and homeowners associations. We write several hundred associations in the tri-state area, using the finest community association insurance products available.

Services and GIA program standards:

    • Immediate Issuance of Unit Owner Certificates
    • Complete renewal review offering options, suggestions and recommendations
    • Renewal proposals with suggestions delivered to clients 30 days prior to renewal expiration date
    • Complete loss control services
    • Personal availability to the board of managers or board of directors, including personal presentations to the board
    • Superior Claims Service - all claims are reviewed by our claims manager to see that your association receives all monies afforded under your contract.
    • Offer side by side coverage comparisons, coverage analysis and coverage descriptions.

Features available with our CAU Specialty Program:

Property Coverages:

  • Buildings and Structures written on an unlimited property form with Guaranteed Replacement Cost
  • Community Personal Property on Guaranteed Replacement cost
  • Structural Glass and Signs on Guaranteed Replacement cost
  • No Vacancy of Unoccupancy Provision
  • Underground Flues Pipes and Drains
  • Sewer Backup

General Liability Coverages

  • No General Aggregate Limit
  • Medical Payments Coverage for Unit Owners in Common Areas
  • Extended Definition of Bodily Injury
  • Host Liquor Liability
  • Contractual Liability
  • Separate Liability Limit for Personal and Advertising Injury
  • Property Damage Legal Liability for Special Causes of Loss

Additional Property Coverages

  • Artificially Generated Electric Currents
  • Bridges, Bulkheads, Docks, Piers, Retaining Walls and Wharves
  • Walks, Roadways, Patios and other Paves Surfaces
  • Off Premises Power Failure
  • Mysterious Disappearance of Property of Others
  • Electronic Data Processing Equipment, Media and Supplies
  • Polutant Clean Up
  • Trees, Plants, Shrubs and Lawns
  • Fine Arts

Ordinance of Law Coverages

  • Contingent Liability from Building Laws
  • Demolition Cost
  • Increase Cost of Construction
  • Increased Period of Restoration

Crime and Fidelity Coverages

  • Employee Dishonesty
  • Computer Fraud
  • Depositors Forgery
  • Employee Dishonesty Property Managers Rider
  • Money and Securities