Condominium Insurance Coverage
Condominium Insurance Coverage building improvement declaration cover ceiling and drywall? I own a building (considered a condominium) that is insured for “Building Improvements” with limits of $200,000. The head of a sprinkler popped off outside the building and sprayed water through the soffet, under the roof and got into the drywall and ceiling. The insurance adjuster is saying that because I dont have building(s) coverage, that I am not covered for this loss. I cannot find anything in the policy that talks about building improvements and what that means. Can anyone shed some light on this? It is also a [...]
Condominium Insurance
Condominium Insurance A Crash Course in the Levels of Homeowners Insurance HO 1? HO 2? HO 3? Is this a Santa Claus training course gone wrong? No, it’s a quick peek at the various levels of homeowners insurance you’re going to have to choose from. Depending on which carrier you’re going to be working with (and their fondness for labeling things with letters and numbers rather than words) a little primary knowledge of the different levels of coverage before signing on the dotted line will put you in a great position to negotiate the best coverage at the lowest premium [...]