Fidelity Protection for Louisiana Condominium Associations

A Louisiana condominium unit owners’ association that collects common expenses must maintain a blanket fidelity bond or equivalent insurance for its officers, directors, employees and managing agent. The amount is the lesser of $1 million or association reserves plus one-quarter of annual assessments, with a $10,000 minimum; members receive notice and may inspect proof.

What Is Fidelity Bonds?

Fidelity coverage can reimburse certain losses when employees steal money or property they handle. If employees manage company funds, customer property or benefit-plan assets, identify each owner and compare the required protection for each interest. Read the national Fidelity bonds guide.

Louisiana Fidelity Bonds Requirements

Requirement	Details
Association and people covered	The rule applies to unit owners’ associations collecting common-expense assessments and covers officers, directors, association employees, a managing agent and its employees. ^1,²
Amount and minimum	Required coverage equals the lesser of $1 million or association reserve balances plus one-quarter of aggregate annual assessments, but cannot be below $10,000. ¹

What Should You Watch for With Fidelity Bonds in Louisiana?

Calculate against reserves and annual assessments
The amount is not simply the total operating account: it uses reserve balances plus one-quarter of annual assessments, subject to a $1 million ceiling and $10,000 floor. Reconcile the budget and reserves before setting the limit and retain the calculation for owners. ¹
An agent’s separate bond counts only under stated conditions
An association may rely on its managing agent’s bond or equivalent insurance only if it meets the same statutory requirements and names the association as an additional insured. Ask for proof that shows the association’s status and required amount, not just the agent’s certificate. ¹
Make inspection rights practical
Proof must remain on the condominium premises, be available for member inspection on request, and members must receive written or electronic notice of the bond and inspection right. The board can make these checks part of renewal and manager-contract review. ¹

Which Fidelity Bonds Providers Have Louisiana License Records?

These providers publish a national listing for Fidelity bonds; the license records below name the licensed entities and roles. Some records rely on company-reported information rather than independent regulator verification. A national listing does not confirm the product is available in Louisiana. Check the regulator’s license lookup and confirm state availability for your business when requesting a quote.

TechInsurance
Insurance producer · checked 2026-09-28
Specialty Program Group LLC
TechInsurance’s current licensing page names Specialty Program Group LLC / SPG Insurance Solutions and lists state license numbers, but labels Rhode Island “Individual licenses” rather than identifying a license for the named agency. RI is omitted because this disclosure does not establish agency authority there; this is a search limitation, not an assertion that the company is unlicensed. The remaining state entries are company-reported and are not an insurance product availability map. ¹³
TechInsurance arranges fidelity bonds addressing employee theft from clients.
Vouch
Insurance producer, Surplus-lines broker · checked 2026-09-28
Vouch Specialty Insurance Services, LLC
Vouch’s licenses page, effective January 16, 2025, lists producer licenses in all 50 states and DC. Its separate surplus-lines table includes Idaho number 870820, while a footnote says Georgia and Idaho do not issue agency-level surplus-lines licenses. Because those statements conflict for Idaho, this record keeps Idaho producer-only and does not treat the table number as established agency surplus-lines authority. The page is company-reported and does not establish product availability. ¹⁴
Vouch lists fidelity bonds among its core protections for financial-services businesses.

Who Regulates Insurance in Louisiana?

Louisiana Department of Insurance

The Louisiana Department of Insurance licenses producers and insurers, reviews insurance filings, and investigates complaints about insurance companies and agents. You can use its state lookup or complaint service to check a license or raise an insurance issue. ^3,^4,⁵

Website: Regulator website
License lookup: Search licensed producers
Complaints: File a complaint
Phone: 800-259-5300

Surplus-Lines Tax and Stamping Office in Louisiana

Reported tax rate. 4.85% of gross premium plus a 0.175% SLIP+ transaction fee for policies effective on or after July 1, 2026 ^6,⁷

For Louisiana-home-state policies effective on or after July 1, 2026, the state charges 4.85% of gross premium plus a 0.175% SLIP+ transaction fee, which your broker may add to your bill. Louisiana's required policy disclosure says these policies are not covered by the Louisiana Insurance Guaranty Association; state placement and filing rules still apply.

What Should You Ask Before Buying Fidelity Bonds in Louisiana?

Does the entity qualify as a condominium unit owners’ association and collect assessments for common expenses?
What reserve balance and aggregate annual assessment support the statutory calculation?
If relying on a managing agent’s bond, is the association named as additional insured and can owners inspect current proof?

Fidelity Bonds in Louisiana: Frequently Asked Questions

Does this section cover every Louisiana association or employer?

No. R.S. 9:1123.113 is within Louisiana’s condominium law and applies to unit owners’ associations collecting common-expense assessments. It is not a general business fidelity mandate. ^1,²

Can the management company’s bond satisfy the association’s requirement?

Yes, but only if the agent’s bond or equivalent insurance meets the section’s requirements and names the association as an additional insured. ¹

Sources for Fidelity Bonds in Louisiana

1
Louisiana Revised Statutes §9:1123.113, Fidelity bond or equivalent form of insurance required. Louisiana State Legislature; Subsections A–D; Acts 2011, No. 84 and 2012, No. 79; current statute page accessed Sept. 28, 2026. Accessed 2026-09-28.
2
Louisiana Revised Statutes §9:1121.103, Definitions. Louisiana State Legislature; Condominium definitions, including condominium and unit owners’ association; accessed Sept. 28, 2026. Accessed 2026-09-28.
3
Louisiana Department of Insurance. Louisiana Department of Insurance; Homepage and consumer services. Accessed 2026-09-28.
4
Insurance License Lookup. Louisiana Department of Insurance; State-designated producer/company search. Accessed 2026-09-28.
5
File an Insurance Complaint. Louisiana Department of Insurance; State complaint process and contact. Accessed 2026-09-28.
6
Surplus Lines Premium Tax. Louisiana Department of Insurance; Current tax/transaction fee and July 1, 2026 transition. Accessed 2026-09-28.
7
La. R.S. 22:433. Louisiana Legislature; Required policy disclosure; no LIGA protection. Accessed 2026-09-28.
8
Licenses. At-Bay; Current producer introduction and state table; At-Bay Insurance Services LLC; P&C and surplus-lines identifiers. Accessed 2026-09-21.
9
Licenses and Carriers. Coalition; Licenses and Carriers, re-read 22 September 2026: Insurance Licenses table for Coalition Insurance Solutions, Inc., national producer number 18419475, with producer and surplus-lines numbers for all 50 states and DC including California 0L76155, Georgia 196479, Texas 2199630 and 2205589, Pennsylvania 815731 and 817452, Colorado 539028 and Wisconsin 3000108852. Insurance Carriers table naming, with NAIC numbers, Allianz Underwriters Insurance Company 36420, Arch Specialty Insurance Company 21199, Ascot Specialty Insurance Company 45055, Ascot Insurance Company 23752, Aspen Specialty Insurance Company 10717, Chaucer Insurance Company DAC, Coalition Insurance Company 29530, Fireman's Fund Indemnity Corporation 11380, Fortegra Specialty Insurance Company 16823, Lloyd's of London, MSIG Specialty Insurance USA Inc. 34886, MS Transverse Specialty Insurance Company 41807, Steadfast Insurance Company 26387, Vantage Risk Specialty Insurance Company 16275 and Zurich American Insurance Company 16535. Accessed 2026-09-22.
10
Insurance Producer Licenses. Corgi Insurance; Current complete Insurance Producer Licenses table for Corgi Insurance Services, Inc.; 50 rows covering 49 states and DC (DC 3003091619); no New Mexico row; no NPN or as-of date shown. Accessed 2026-09-28.
11
About Hiscox US Insurance. Hiscox; Hiscox Insurance Company Inc. NAIC 10200 as Chicago, IL domiciled insurer admitted or licensed in all 50 states and D.C.; Hiscox Inc. as general agent and Lloyd’s coverholder for Syndicates 33 and 3624; surplus-lines placements through licensed surplus-lines brokers; A.M. Best rating statement. Accessed 2026-09-16.
12
Licenses. ERGO NEXT Insurance; Current entity-by-state license table reopened 28 September 2026: 50 rows under Next First Insurance Agency, Inc., including Washington, DC; New York rows instead list Next Insurance Services PC-1423070 and AP Intego BR-1198885. Accessed 2026-09-28.
13
Insurance Licenses by State. TechInsurance; Current state table; identifies TechInsurance as a division of Specialty Program Group LLC d/b/a SPG Insurance Solutions; lists DC 3000041536 and labels Rhode Island “Individual licenses,” without an agency license number. Accessed 2026-09-28.
14
Licenses. Vouch; Effective 16 January 2025: Vouch Specialty Insurance Services, LLC, NPN 19926463; P&C table (50 states and DC); surplus-lines table includes Idaho 870820; footnote says Georgia and Idaho do not issue agency-level surplus-lines licenses; Idaho retained as producer-only due to conflict. Accessed 2026-09-15.

Fidelity Protection for Louisiana Condominium Associations

What Is Fidelity Bonds?

Louisiana Fidelity Bonds Requirements

What Should You Watch for With Fidelity Bonds in Louisiana?

Calculate against reserves and annual assessments

An agent’s separate bond counts only under stated conditions

Make inspection rights practical

Which Fidelity Bonds Providers Have Louisiana License Records?

TechInsurance

Vouch