May 22, 2008

How do you handle insurance deductibles?

Filed under: Insurance — Joe @ 5:59 pm

 

If a unit owner wants to make a claim on the association’s insurance policy, who pays the deductible?  This question has become more important as the cost of insurance goes up, and associations choose larger deductibles – $5,000 or $10,000 in some instances.  I am hearing different answers from my clients about this.   What does your association do?

 

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