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Overview
On September 16th, Erin Berney and John Gilbert discussed condo insurance issues, including:
- What does the Condo Corporation Policy cover, and what does an Individual Policy cover?
- What are the legal requirements for insurance, depending on the type of condominium property?
- Do you need a Standard Insurable Unit Description, and what is that anyway?
- When can you charge the deductible (or other costs related to repair) back to an owner on an insurable loss?
- What steps/best practices should be followed when an insured loss occurs?
Original broadcast: September 16, 2022