Got Workers Compensation for you Homeowners or Condo Association? If not, you may want to seriously consider it! Believe it or not, an association that does not carry Workers Compensation could very well have an exposed risk.
Did you know: If a volunteer or board member working on behalf of the association is injured during the course of their duties, the association should and may be required to treat that injury as "work-related" thereby requiring benefits owed under the labor code
What would happen if the above pictured association member volunteers injured themselves while doing Spring cleaning?
Here is a common misconception regarding this risk:
What about General Liability? Wouldn’t that cover our board member’s?
Answer: While the General Liability policy does provide coverage for “bodily injury”, it EXCLUDES “bodily injury to an employee”. A serious injury to a volunteer and/or employee of a contractor that the industrial commission rules an “employee” of the association could be excluded by your GL carrier.
Some recent claims we've actually seen are the following:
PAID: Description of Injury:
$102, 972 Board member fell while walking
$24,500 Volunteer fell and landed on head
$24,000 Maintenance Worker fell from ladder
$15,700 Maintenance Worker fell picking up trash
$11,677 Manager developed hernia pushing a dumpster
Snotherly Insurance now offers a Workers Compensation Policy for ALL ASSOCIATIONS including An “If Any” Workers’ Compensation Policy that includes a Voluntary Compensation (VC) Endorsement.
Premiums are usually less than $700 a year and can be purchased any time!
What's more: The policy includes any uninsured sub contractors that may be working for the HOA!
For more details and information regarding this new Workers Compensation Policy for your association feel free to contact us anytime. We'll be more than happy to speak directly to your association concerning this risk as well.
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