Affiliated FM offers an all risk policy written specifically to meet the unique coverage needs of condominium associations. Using the proVision all risk form as a platform, the condominium policy features the same easy-to-navigate, easy-to-read format, automated processing and flexible coverage limits.

Key Coverage Enhancements

	Related Links
	Condominium Form
	Condominium Information Sheet

Some of the key coverage enhancements and policy features built into the form include:

No sublimits for:

• Loss of Condominium Maintenance Fees
• Debris Removal
• Demolition and Increased
• Cost for the Undamaged Portions of the Building
• Computer Virus

Specialized wording for:

• Broadened Named Insured that includes Condominium Association as the Insurance Trustee
• Rebuilding on Another Site
• Capital Expenditures
• Fixtures, Installations, Alterations, and Additions, that Comprise Part of the Building When Used Exclusively by an Individual Condominium Unit-owner

Embedded coverage for:

• Boiler and Machinery
• Flood/Earth Movement
• Fungus Mold or Mildew
• Tenant Relocation Expense

Comprehensive coverage including:

• Foundations and Underground Piping
• Agreed Amount with No Co-insurance Penalty
• Carports/Garages/Walls
• Outdoor Recreational Property
• Signs and Fences
• Improvements and Betterments
• Protection and Preservation of Property