Thomas Creek

Insurance Information

First Niagara Risk Management is our insurance broker.  Cincinnati Insurance is our policy holder.

• Our Master Policy provides blanket building coverage based on full replacement value.  Blanket coverage is updated annually.  The coverage carried by the association is for full replacement cost, less a $1,000 deductible.  
• Fire and Casualty insurance is provided under the Single Entity Concept.  This means that it covers the entire unit as it was initially built.  This includes all exterior and interior walls, standard installed carpeting, appliances, cabinets, electrical and plumbing fixtures.  This coverage does not cover the owners' contents or any upgrades to the unit.  
• Master Policy Liability insurance does NOT protect the owner for accidents occurring on the owners' property.  Separate, privately purchased liability insurance is recommended to protect the owner.

The following are recommendations for your unit owner policy coverage:

• Select an H O-6 Condominium Unit Owners Policy designed especially for the Condominium Owner.
• Personal Property covers your own personal property up to your chosen policy limit.  Select “Replacement Cost” and “All Risk” coverages.
• Liability Protection covers against liability claims and lawsuits for accidental bodily injury or damage to property of other while in your home, by your personal activities (sports) and by your children or pets.  Recommended value of $300,000 or more.

The above information is from Thomas Creek Handbook, page 4.

For a copy of our Master/Hazard Insurance Policy certification, contact::

Bonnie Gionta, Vice President, CIC

First Niagara Risk Management

777 Canal View Blvd, Suite 100

Rochester, NY  14623

(585) 262-7743

bonnie.gionta@fnrm.com

For more information about insurance, see also:

2014-06-02 Insurance Presentation.