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| *Ostroff, Fair and Company>>>Insurance |
Pipe burst in my condo and flooded my condo and condo below me. What now? |
Last night I came home to a disaster. My condo flooded and caused damage to the condo below me. I don't have insurance that covers this. What is the standard procedure with something like this? Will my neighbor's insurance cover the damage to his condo? Do I offer to pay for the deductible? Oh my. Why do people answer questions on here when they don't know what they're talking about? If the pipe break was sudden and accidental, you have no liability for repairs to your neighbor's unit, They should have a condo-owners policy to take care of their damages. That is just part of the problem with condo living. Not knowing what state you are in, limits the information I can give for this question. In general terms, usually the condo assn. is going to be responsible for the damages behind the walls. Your condo policy will pay for damages to your personal property (contents), floor & wall coverings and the like. Call your condo-owners insurance company and report the claim and let them sort it out. Do not offer to pay for anyone elses damages. You are not responsible for that, as long as you didn't do something to create the leak. Source(s): Barry. 20 year insurance professional. YIKES!! I would think the FIRST thing would be to determine the reason for the pipe bursting.IF you can establish that it was due to an EXTERNAL problem,then you might have a case to bring before a court.Otherwise,sounds like you and your neighbor have a LOT to talk about. WOW first you take pics get everything documented then you at least call someone so you can be reimburst for your stuff ...good luck you need to find out what caused it. it may be something the condo association is responsible for. if not, you are going to be liable to pay for not only your damages but the other condos also. They will not want to claim on their insurance if you are liable, because that will show as a claim on their insurance record. You are most likely going to have to pay for it all Bummer!! Condo insurance covers YOUR stuff, inside your house, and YOUR liability. So your neighbor's insurance isn't going to give YOU any coverage, unless he CAUSED the pipe to burst - ie, you're going to have to SUE him before his insurance will pay you for your stuff, and you'll have to WIN. And you probably won't win, unless he was swinging from the pipes or something. The MASTER policy might cover some of the damage to your structure, however. So you need to contact the condo association manager, and file a claim. You should ALSO call an insurance agent, and get a condo policy ASAP. It's CHEAP!! Like under $200 a year. agent, 20+ years |
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