Ultimately, it depends on the insurance policies that cover fire damage to your condo, but this can sometimes be difficult to determine. Damage to condos is generally covered by a number of overlapping policies with different policyholders. Some types of damage may be covered by the insurance policies you hold, and other kinds of damage may have to be submitted under the condominium association’s coverage. Fire damage may even be covered under separate policies that you or the condo association holds.
While it’s sometimes clear how to go about recovering insurance payments for condo damage, it is much more common for there to be some complex questions during the process. Some fire damage may fall into a gray area between various policies or be hotly disputed between potentially responsible insurance providers. For example, this may be the case with:
- Fire damage to the structure that includes your condo unit
- Fire damage to cooling and heating systems
- Loss or damage to personal belongings
- Damage to structures and features within the condo’s interior
Essentially, the answer to your question is that multiple parties may be responsible for paying some portion of the total damages experienced in the fire, and it may not be easy to decide who pays for what claim.
If you have questions about negotiating insurance claims after a condo fire, or if you are running into delays and denials, don’t hesitate to contact our experienced team today for a one-on-one discussion of your concerns. To get started, simply call or email us today.