Ian H. Graham offers two umbrella liability policies designed for community associations. Each is underwritten by Fireman’s Fund Insurance Company.
The Commercial Umbrella offers up to $25M in excess liability protection and grants a premium credit when written over the IHG Nonprofit Community Association Directors’ & Officers’ Insurance policy. The Low-Limit Umbrella is for community associations with 300 or less units and provides up to $2M of excess liability.
Umbrella coverage is provided as membership to the HARP Inc. Risk Purchasing Group.
HARP INC. - Risk Purchasing Group (RPG)
HARP is a risk purchasing group formed pursuant to the Risk Retention Amendments of 1986 (15 U.S.C. 3910 et. Seq.) ("ACT") in order
to permit a group of individuals who share common or similar liability exposure to join together to purchase liability insurance on a group
basis. Each member shall receive its own limit of insurance, limits are not shared with other members. The RPG places insurance with
financially stable insurance companies who have a commitment to the real estate and hospitality industries.