Condo Association Claims

Condo Association Claims are Complicated

If you live in a condo and have suffered property damage, your claim will be more complicated than a homeowner that lives in a single dwelling property. That’s because you share walls, plumbing and electric equipment with others and so deciding on a fair settlement is a much more difficult process. After all, each condo owner will have a different idea of what’s fair for their claim, and the insurance company will have to make a determination that will be agreeable to everyone.

Special Considerations for a Condo Policy

A policy that covers a condo unit has to adhere to special laws and policy issues that make these claims a bit more complicated. There are issues like differing ownership rights, property insurance issues and the specials laws that govern condo associations. In addition, there are two “owners” of a condo—the person who owns the actual unit, and then the master owner, which is the person who owns the entire building. It will have to be determined which insurance agency is responsible for various aspects of the damage.

You Need an Advocate

Reading these types of policies can be difficult if you’re not familiar with condo association claims. At Second Opinion Claims Services, we do understand these complicated policies and can be your advocate with the insurance company. In fact, our clients enjoy an average of 200 percent more in settlement payouts than someone dealing with an insurance company by themselves.

Someone Needs to Be in Charge

When you’re dealing with a condo association claim, someone will have to be in charge to manage the insurance claim process from beginning to end. At Second Opinion Claims Services, we have over 30 years of experience in helping consumers get the settlements that they deserve. Don’t settle for less money than you’re rightfully owed because of complicated policies. Instead, call us and let us manage your condo association claim so you can get what you need to restore your property to its original condition.