What HOA insurance do associations in Tennessee need?

Associations in Tennessee typically need a coverage stack sized to the association type and governing-document requirements: a master property policy (bare walls, single-entity, or all-in depending on the community type), general liability, directors and officers (D&O) liability for the board, fidelity/crime bond, umbrella or excess liability, and workers compensation where the association has employees. Tennessee is most active in: Condo HOA, Townhome / PUD, Single-family HOA. Each association type carries distinct coverage architecture driven by governing docs, lender requirements, and state statute.

Which association types are most active in Tennessee?

Tennessee community-association activity concentrates in Condo HOA, Townhome / PUD, Single-family HOA. Each association type has distinct insurance program structure - governing-document coverage requirements, lender warrantability standards, and reserve/SIRS obligations shape the placement.

How much does HOA insurance cost in Tennessee?

HOA insurance cost in Tennessee varies by association type, door count, building age, and catastrophe exposure - there is no single quotable number. Run the free policy checker for a range specific to your association, or see the cost guide for typical bands by association type.

Who places specialty HOA insurance in Tennessee?

HOA Insurer places specialty community-association insurance programs in Tennessee and across the United States. The practice serves condo and HOA associations, townhome/PUD associations, master-planned communities, high-rise condominiums, co-ops, and 55+/active-adult communities, translating governing-document and lender requirements into a program that complies, and placing through the dedicated community-association specialty markets.

TL;DR

Tennessee HOA/condo insurance: association-type-specific coverage architecture for Condo HOA, Townhome / PUD, Single-family HOA, and the other association types active in the state.
Built around governing-document coverage requirements, lender warrantability standards, and the regulatory framework specific to Tennessee associations.

Tennessee community associations

Tennessee HOA and condo insurance, where the condo statute has an 80 percent floor and planned communities have no statute at all. The Condominium Act minimum sits below the lender standard, and severe-storm deductibles ride on top

Tennessee splits sharply between condominiums, which have a statutory insurance floor, and planned communities, which have almost no state statute governing insurance and run instead on their recorded declarations. For condominiums the statutory floor is modest, so the gap between the legal minimum and the lender standard is again the issue that matters.

We read a Tennessee program against the Condominium Act floor where it applies, against the declaration where a planned community has no statutory backstop, and against the higher replacement-cost bar a conventional lender applies at a unit sale.

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Last updated 2026-07-08

Tennessee HOA & condo insurance

Cluster shape

What concentrates in the Tennessee book

The Nashville, Memphis, Knoxville, and Chattanooga metros drive the Tennessee community-association market, with a mix of condominiums, townhomes, and planned communities. Condominium associations carry the standard valuation-basis and warrantability exposure, layered on a severe convective storm environment that shapes deductible structure across Middle and West Tennessee.

Planned communities and single-family HOAs center on common-area property, amenity liability, and D&O rather than building coverage on the homes themselves, and because Tennessee has no comprehensive planned-community statute, their insurance obligations come almost entirely from the declaration and any lender requirements.

Regulatory

The Tennessee statutory backdrop

For condominiums, the Tennessee Condominium Act of 2008, at Tennessee Code Annotated Section 66-27-413, requires the association to maintain property insurance on the common elements against risks of direct physical loss commonly insured against for similar properties, in a total amount, after application of any deductibles, of no less than 80 percent of the total replacement cost of the insured property at the time the insurance is purchased and at each renewal date, exclusive of land, excavations, foundations, and other normally excluded items. The same section requires liability insurance, including medical payments, in an amount set by the board but no less than any amount the declaration specifies, covering occurrences arising from the common elements.

That 80 percent replacement-cost floor is the key practitioner point. It is below the 100 percent replacement-cost standard the Fannie Mae Selling Guide (section B7-3) requires for a conventional loan to be warrantable, so a Tennessee condominium can satisfy Section 66-27-413 and still fail a lender insurance review. Size the property program to full replacement cost and the lender bar, not the statutory minimum. Section 66-27-413 sets no statutory fidelity or employee-dishonesty floor, so the fidelity amount is driven by the declaration, lender requirements, and prudent practice rather than a fixed statutory formula.

The Condominium Act of 2008 governs condominiums created on or after January 1, 2009, and older Tennessee condominiums may sit under the earlier Horizontal Property Act, so confirm which act and which insurance provisions actually apply to a given community. Tennessee has no comprehensive statute imposing an equivalent property-insurance floor on non-condominium planned communities, which makes the recorded declaration and the lender standard the controlling authorities for those associations.

Market commentary

How the Tennessee market actually behaves

Severe convective storms, tornadoes, straight-line wind, and hail are the dominant loss drivers, especially across Middle and West Tennessee, and roof and deductible structure carry much of the premium conversation. Percentage wind and hail deductibles appear in the more exposed programs, and they pass through to owners as a potential special assessment the same way a coastal wind deductible does.

Placement runs through the dedicated community-association markets, sized to the building type and the storm exposure. The recurring condominium gap is a program written to the 80 percent statutory floor rather than to full replacement cost, which surfaces at the worst time, at a claim or a unit sale. For planned communities, the recurring gap is a program built to a stale declaration rather than to current replacement cost and lender expectations.

Tennessee coverage review

A specialist will review your policy within one business day.

Send your governing docs, master policy declarations page, or lender letter - whatever you have. A specialist returns a plain-English review within one business day.

NameSo we know who to ask for.Work emailSo we can send the coverage review.PhoneSo a specialist can reach you on a tight deadline.Association nameSo we route to the right specialist.Association typeDetermines which requirements typically apply.RoleHelps us route to the right specialist.What's driving thisTells us how urgent the timeline is.Door count / unitsOptional. Helps us size the program.Anything else?Optional. What you need help with, deadlines, or context.

Tennessee practice focus

Association types most active in Tennessee.

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A specialist will review your policy within one business day.

No marketing sequences, no list rental. Specifically for Tennessee HOA and condo associations.