• Home
• Insurance Forums
  Auto Insurance Life Insurance Health Insurance Home Insurance Disability Insurance Business Insurance Insurance Frauds Company & Specialty Insurance Insurance Agents The Pub
• Auto Insurance
• Health Insurance
• Life Insurance
• Home Insurance
• Disability Insurance

does condo insurance cover adjourning unit?

Message	Author
Add to del.icio.us Add to YahooMyWeb Add to Simpy Add to BlinkList
Posted: Thu Sep 17, 2009 6:41 am   Post subject: does condo insurance cover adjourning unit?   if a fire occurs in my unit and does damage to my neighbors unit does my policy cover their loss?	davenportm New member Joined: 17 Sep 2009 Posts: 1 1.27 Dollars($)
Posted: Thu Sep 17, 2009 7:43 am   Post subject:    What was the reason (cause) of the fire? _________________ Can I say I’m working if I stare blankly at my computer all day?	Dasfuk Senior member Joined: 27 Feb 2008 Posts: 597 Location: Ohio 24.03 Dollars($)
Posted: Thu Sep 17, 2009 9:07 am   Post subject:    The cause of the fire can be a factor, did it occur within the walls of your unit and property? State laws dictate what is and what is not covered by the association’s master insurance. So, find out what's on the associations list and what they will cover. Some cases will state that the association's policy will cover fire and smoke damage to other units, since you can't insure anything outside of your unit, meaning the actual building. Sometimes, association doesn’t have adequate funds to cover damages. In many cases, the condo owners will be required to help foot the bill. Some Condominium Insurance policies allow you to buy "loss assessment coverage" to protect against this.	Trench Senior member Joined: 16 Sep 2009 Posts: 911 Location: Kansas City 152.85 Dollars($)

Quick Reply
Your Name
Subject
Message body

All times are GMT

Page 1 of 1