In the aftermath of a serious condominium fire, owners and condo associations may be facing a complex web of insurance policies, responsibility for repairs, and other legal issues. While any major damage to a condominium complex can create challenges, fires are particularly difficult for condo properties because of the types of damage left behind for the multiple policyholders involved.
Multiple Types of Damage After a Condo Fire
The damage related to condo fires can be complex, and even minor fires can create problems related to:
- Direct damage from the fire
- Smoke damage and persistent smoke odors
- Water damage from fighting the fire
- Structural damage from attempts to contain the fire or rescue victims
Each of these types of damage may require professional cleaning teams or significant repairs, and there could be repercussions if repairs aren’t made promptly. For example, water damage from the efforts to fight a condo fire could turn into serious structural damage or a mold problem if not addressed immediately.
Condo Fire Claims Can Involve Multiple Insurance Claims and Responsible Parties
Aside from the challenges specific to fire damage claims, there are also the challenges present in any kind of condominium claim. Because different types of damage may be covered by different policies held by either the condominium owner or the association, it can be difficult to navigate through all of the policies and parties involved.
To learn more about your rights as a policyholder following a condo fire, contact our skilled team directly, or visit our YouTube channel for additional hints, tips, and insider information about the insurance claims process.