At McDaniel Insurance Agency we are on a mission to educate Directors, Officers and volunteer's that their personal assets may be at risk for decisions they make on behalf of the association.  Our goal is to provide all associations with specialized Directors & Officers Liability coverage.  



It is vitally important that a Board understands the coverages and exclusions in their Directors & Officers policy.  Not all D&O policies are created equal or provide the necessary coverages needed to provide adequate protection.  Package D&O coverages are often very restrictive.   At McDaniel Insurance Agency we will review the association's current D&O policy to determine if it includes the following important policy features which are found in a specialized policy:

  • Wrongful Foreclosure
  • Duty to Defend
  • Provides coverage for monetary and non-monetary claims
  • Covers punitive and exemplary damages where insurable under applicable law
  • Covers lawsuits and allegations involving wrongful termination, discrimination, and general breach of fiduciary duty
  • Provides coverage for the independent community management company
  • Full Prior Acts Coverage
  • Coverage for directors, officers, trustees, employees, volunteers and committee members
  • Spousal and domestic partner extension
  • EPL provide coverage for discrimination, retaliation and coverage for mental anguish and emotional distress
  • Defense coverage for breach of contract claims
    • Coverage for libel, slander, defamation, publishers liability and personal injury
    • No Noise Exclusion (Pollution Liability)

Note: This is a general list.  Additional coverages may be needed.