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Unit Owner Improvements and Betterments in Condo Claims
Condominium claims introduce a layer of complexity not present in single family home losses, largely because a condo building typically involves two distinct sets of coverage: a master policy carried by the association covering the building structure as originally...Browse the full Resources Index
Deductibles in Condominium Claims: Who Pays What
Deductible structures in condominium claims can be more layered than in a typical single family home loss because two separate insurance policies, the association’s master policy and the individual unit owner’s policy, may both be involved in a single...Browse the full Resources Index
Loss Assessment Coverage for Unit Owners
Loss assessment coverage is a feature found in many individual unit owner policies, designed to address a specific scenario: when a condominium association levies a special assessment against unit owners to cover costs the master policy did not fully pay, often...Browse the full Resources Index
Documenting Interior Unit Damage in a Condo Loss
Interior damage inside a condominium unit, whether from a wind driven rain intrusion, an ice dam related leak from above, or a plumbing failure in an adjoining unit, requires a documentation approach that accounts for the layered ownership structure of a condominium...Browse the full Resources Index