Question

 Is condo insurance responsible for flood damage?

Answer If the master policy is written to include flood coverage, then, yes.
http://wiki.answers.com/Q/Is_condo_insurance_responsible_for_flood_damage

Top Q&A For: Is condo insurance responsible for flood damage

I am renovating my condo unit on the 5th floor. I broke open a water pipe causing it to flood down to the lower units. Am i responsible or would the damage be coverd by the building condo insurance.?

Since you caused the damage, your HO-6 condominium unit owner's insurance may cover the cost of repair. However, your insurance company and the insurance company that carries the master policy will... Read More »
http://wiki.answers.com/Q/I_am_renovating_my_condo_unit_on_the_5th_floor._I_broke_open_...

Can a condo homeowner be charged a fee to obtain a master condo association flood certificate of insurance?

Depending on the source of the certificate, it may be that there are expenses related to producing it. The management company may have a set fee for all copies, scans and so forth. The insurance co... Read More »
http://wiki.answers.com/Q/Can_a_condo_homeowner_be_charged_a_fee_to_obtain_a_master_con...

IF my upstairs condo is untouched by a flood but the building's ground floor is damaged so badly that the entire building is unlivable would my flood insurance protect me?

Let's first review what a condo is. A condominium is an arrangement in which you own your own living space outright (your condo apartment), and you share joint ownership (with all the other condo o... Read More »
http://wiki.answers.com/Q/IF_my_upstairs_condo_is_untouched_by_a_flood_but_the_building...

If a leak from my condo damaged the condo below mine and neither of us have insurance who would be responsible for paying for the damages?

If it was determined that the condominium did not bear any blame, then you are the one who would be responsible.
http://wiki.answers.com/Q/If_a_leak_from_my_condo_damaged_the_condo_below_mine_and_neit...


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