As an owner, you face issues of alcohol, hazing, assault and battery, sexual assault, and traditional premises exposures. Finding a carrier that will underwrite a chapter house risk with acceptable terms and conditions can be challenging. Some carriers will offer terms with very restrictive coverage, plus the minimum premium requirements many carriers would require to even consider the business is also expensive.

The Fraternal Property Management Association (FPMA) provides a cost-effective solution to problems. The FPMA is an Illinois association formed to provide deep risk management and educational resources and access to customized Property Casualty insurance products for fraternity and sorority house corporations. The FPMA’s Liability insurance program provides broad coverage that is specifically designed to meet the needs of this class of business.

Through the use of master policies, we can offer broad coverage for a competitive premium.

FPMA Liability insurance program highlights include:

• A- or better rated insurance carriers
• No exclusions for hazing, assault and battery, sexual assault, and/or abuse of alcohol
• Host liquor liability
• Hired and non-owned Auto Liability
• Expenses paid in addition to the limit
• Primary coverage for house corporation officers
• Coverage territory not limited to designated premises
• Corporation’s own limit — no shared limit
• Low deductible of $2,500

What Are Our FPMA Program Specifications?

Commercial General Liability Policy Limits

• Each occurrence – $1,000,000
• Annual aggregate – $2,000,000
• Products/completed operations aggregate – $1,000,000
• Personal/advertising injury limit – $1,000,000
• Fire legal liability – $1,000,000
• Medical payments – Excluded

Optional Excess Limits

• Each occurrence – $1,000,000
• Annual aggregate – $1,000,000