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Description:
In a condominium property damage case every personality clash can be
magnified exponentially as all sides fight over insurance proceeds, who gets
them and from where, and who just doesn’t care. The unit owner may have to
deal with their own unit owner’s (or HO-6) policy as well as the master
policy. But the master policy insurer can refuse to deal directly with the
unit owner; the condominium trustees may refuse to get involved; and the
management company may put up roadblocks. Property damage in common spaces
brings up a whole different set of insurance issues.
This panel of experts cover:
- what the HO6 policy and the master policy generally should cover,
- what roles the unit owner, the condominium trustees, and the management
company play in resolving a property damage claim,
- what recourse they each have and do not have against each other and the
insurers, and
- traps for the unwary.
Speakers:
Christopher Malloy
Moriarty
Troyer & Malloy LLC
Katie Dodge
USI Insurance Services, LLC
Melissa Sherwood
Panakio Adjusters Inc.
Nina E. Kallen
Law Office of Nina
Kallen