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Habitational Insurance · Condo Associations · Wisconsin & Illinois

Condo Association &
Habitational Insurance Done Right

Condo associations, HOAs, apartment buildings, and commercial landlords all carry distinct insurance exposures. We have deep relationships with property managers across the region and write more condo association coverage than most agencies our size. If you manage multiple properties, we work the way you work.

Write anywhere in the U.S.
Specialists in small towns
100+ carriers — real competition
Since 1933 — Burlington, WI
4th generation — family-owned
Robertson Ryan — Top 100 U.S. agency
Why Mangold for Habitational

We have strong property manager relationships — and we work the way property managers work.

Condo association insurance is one of the most misunderstood lines in property coverage. The association's master policy, individual unit owner policies, and the gaps between them create real exposure that boards and property managers need to understand. We've built deep relationships with property managers across the region because we take the time to explain it clearly and get it right.

Whether you manage a single condo association or a portfolio of mixed residential and commercial properties, we build programs that reflect how your properties actually operate — the construction type, the amenities, the tenant mix, and the specific liability exposures of each property. We write everything from small HOAs to large multi-building associations and apartment portfolios.

  • Condo association specialists. We understand the master policy structure, unit owner responsibility, and the gaps that create board liability.
  • Property manager workflow. We work efficiently with property managers — certificates, endorsements, and coverage questions handled quickly.
  • 100+ carriers. Habitational is an underwriting-sensitive line. We have carrier relationships that specialize in Wisconsin and Illinois residential and mixed-use properties.
  • Annual review. Property values, unit counts, and amenities change. We review every habitational program at renewal and re-market when the market warrants it.
  • Board education. We take the time to explain to condo boards what their master policy covers, what it doesn't, and what individual unit owners need to know.

Request Habitational Quote

No obligation. We review your current program and shop 100+ carriers.

Condo Associations

The master policy, unit owner gaps, and board liability — explained.

Condo association insurance is more complex than standard property coverage. Here's how we approach it.

⚖️

Master Policy — Liability

General liability for common areas, the association's D&O exposure, and employment practices liability if the association has employees or a management company.

  • Common area GL
  • Directors & officers (D&O)
  • Employment practices liability
  • Umbrella / excess liability
🔒

Unit Owner Gaps

What the master policy doesn't cover — and what individual unit owners need their own HO-6 policy for. We explain this clearly to boards so they can communicate it to residents.

  • Interior improvements
  • Personal property
  • Loss assessment coverage
  • Individual unit liability

The three condo master policy types — and why it matters

Most condo board members don't know which type their association carries. The difference affects every unit owner in the building.

Bare Walls-In

Covers only the building structure and common areas. Everything inside the unit walls — flooring, cabinets, fixtures, improvements — is the unit owner's responsibility. Unit owners need robust HO-6 coverage.

Single Entity

Covers the building structure plus original fixtures and finishes as built — but not unit owner improvements or betterments. The most common type. Unit owners still need HO-6 for improvements and personal property.

All-In

Covers everything including unit improvements and betterments. Broadest coverage — and the highest premium. Unit owners still need HO-6 for personal property and individual liability.

All Habitational Property Types

We write coverage for every type of residential income property

🏘️

HOAs & Planned Communities

Common area liability, community property coverage, and D&O for HOA boards. We work with HOA management companies and self-managed associations.

  • Common area property
  • HOA board D&O
  • Community amenities
  • Volunteer protection
🏠

Apartment Buildings

Small to mid-size residential rental properties — building coverage, landlord liability, and loss of rents. We write everything from a duplex to a 50-unit building.

  • Building replacement cost
  • Landlord liability
  • Loss of rents
  • Tenant discrimination
🏗️

Mixed-Use Properties

Residential over commercial — the most complex habitational class. We build programs that reflect both the residential and commercial exposures without gaps between them.

  • Combined property coverage
  • Mixed-use liability
  • Commercial tenant exposure
  • Business income
🏢

Commercial Landlords

Office buildings, retail centers, and light industrial with tenant occupancy. We write commercial landlord programs alongside habitational for property investors with mixed portfolios.

  • Commercial property
  • Landlord GL
  • Loss of rents
  • Tenant improvements
📋

Property Manager Programs

If you manage a portfolio of properties, we work at the portfolio level — consistent programs, efficient certificate handling, and a single point of contact for all your properties.

  • Portfolio-level approach
  • Consistent coverage standards
  • Certificate efficiency
  • Annual portfolio review
🌊

Waterfront & Seasonal

Condo associations and HOAs on Wisconsin and Iowa lakes have specific coverage needs — docks, boat launches, waterfront liability, and seasonal property considerations.

  • Waterfront common areas
  • Dock & boat launch liability
  • Seasonal property
  • Wisconsin lake communities
For Property Managers

We work the way property managers work

We have strong relationships with property managers across the region because we make their job easier — not harder.

Fast Certificate Turnaround

Certificate requests handled quickly and accurately. When a lender, buyer, or tenant needs a certificate, we don't make you chase us.

📊

Annual Portfolio Review

Every property in your portfolio reviewed at renewal — valuations updated, coverage confirmed, market compared. One meeting covers everything.

📋

Board Education Support

We help you explain the master policy to condo boards and unit owners — what's covered, what isn't, and what individual unit owners need to protect themselves.

🔄

Consistent Coverage Standards

If you manage multiple associations, we help establish consistent coverage standards across your portfolio so there are no surprises when a claim happens.

📞

Single Point of Contact

One call for all your properties. You work with the same commercial lines team for every association in your portfolio.

💼

Lender Requirement Compliance

Mortgaged condo units and association common areas often have lender insurance requirements. We make sure your master policy complies.

Common Questions

Condo association and habitational questions

The master policy covers the building structure, common areas (hallways, lobbies, parking lots, amenities), and the association's general liability. Depending on the policy type — bare walls-in, single entity, or all-in — it may also cover original unit fixtures and finishes. What it never covers is the unit owner's personal property, individual improvements they've made to their unit, or their personal liability inside the unit. Every unit owner should carry an HO-6 policy regardless of what type of master policy the association has.
Directors and officers (D&O) insurance protects board members personally from claims arising out of their decisions and actions as board members — failure to maintain the property, mismanagement of association funds, discriminatory enforcement of rules, or other governance decisions. Board members can be personally sued for actions taken in their board capacity. D&O coverage defends them and pays covered claims. It's one of the most important coverages for any condo association and one of the most commonly overlooked.
Based on current construction costs per square foot for the building type — not market value, not assessed value, and not what the original developer paid to build it. Construction costs have increased significantly in recent years, and many condo associations are underinsured because their building valuation hasn't kept pace. We update building valuations at every annual renewal and can connect associations with cost estimators for larger properties.
Yes — and we're set up specifically to work with property managers who oversee multiple associations. We build consistent coverage standards across your portfolio, handle certificates efficiently, and do a single annual review meeting that covers all your properties. If you're currently splitting your habitational portfolio across multiple agencies, consolidating with Mangold typically means better coverage consistency and less administrative work for your team.
Loss assessment coverage is an HO-6 endorsement that protects individual unit owners when the condo association levies a special assessment — typically because a covered loss exceeded the master policy limits, because the master policy deductible was large, or because the association faced an uninsured liability claim. Without loss assessment coverage, a unit owner could face a significant out-of-pocket special assessment for a loss they had nothing to do with. We strongly recommend it for every condo unit owner.
Burlington, WI · Since 1933

Condo associations, HOAs, and property managers — we're built for this.

Deep property manager relationships, 100+ carriers, and a commercial team that takes the time to get habitational coverage right.

Start a Habitational Quote Call (262) 763-7644
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