An HOA master policy insurance valuation organizes replacement cost the way your policy is written: by building, by shared structure, and by what the association is actually responsible for insuring. Coverage Estimate structures the values so your board and broker can make coverage decisions with them.
A master policy is the property insurance an association carries on the buildings and common elements it is responsible for. A master policy valuation establishes replacement cost for exactly that insured property, then presents it in the form the policy needs. Instead of one total for the whole community, you get values aligned to each building and shared structure, with the boundary between association and owner responsibility drawn from your governing documents.
The underlying cost work is the same rigorous replacement cost evaluation Coverage Estimate performs on every engagement. What changes is the organization: this service is built around the policy, not just the property.
This service fits associations whose coverage decisions are more involved than a single building and a single number:
Accurate, well-organized values do more than set a limit. Depending on the policy, they can affect:
| Decision | Why the valuation matters |
|---|---|
| Overall limit | The limit should reflect total replacement cost of insured property, not last year's figure indexed upward. |
| Blanket vs. per-building limits | Per-building values show where a scheduled limit could fall short on any single structure. |
| Percentage deductibles | Some deductibles, such as certain wind or named-storm deductibles, are a percentage of insured value, so the value drives the dollar amount. Terms vary by carrier and state. |
| Coinsurance and agreed value | Policies with coinsurance compare the limit to the value at the time of loss. See insurance-to-value analysis. |
The engagement follows our four-step process. Intake is where this service differs most: we ask for your current declarations page and policy schedule along with plans, unit mix, and prior appraisals, so the final values line up with how your coverage is written. Inspection, cost analysis, and report delivery follow, typically within 10–15 business days of the site visit. Details are on How It Works.
A condominium insurance appraisal answers "what does it cost to rebuild our buildings?" A master policy valuation answers "how should those values be presented for our policy?" Many single-building condominiums need only the appraisal. Multi-building communities, mixed structures, and associations with complex governing documents often benefit from the policy-structured view. If you need the system-by-system detail behind each building, add a building reconstruction cost estimate.
Send us your declarations page and property details. We respond within 1 business day.
Request a QuoteWhat boards, managers, and brokers ask about policy-structured values.
