Who is responsible for water damage in condo basement?

Answer In this case, call the broker who handles the master policy for the condominium association. Who repairs the damage and who pays for the damage may be different.The broker and the board and any inv... Read More »

Top Q&A For: Who is responsible for water damage in condo ba...

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 »

In a condo complex who is responsible for damage caused by a blown water heater?

It depends. If the owner allowed the water heater to 'blow' or fail in any way, even by allowing it to age without inspecting it, then the owner's insurance may be liable for all the water damage c... Read More »

Who would be responsible for water damage from above coming into my condo?

Whomever is responsible for the damage must be identified, but that's not the priority action in this case.Note that the responsibility to repair and the responsibility to pay for the repair may be... Read More »

Is condo insurance responsible for flood damage?

If the master policy is written to include flood coverage, then, yes.