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HOMEOWNER'S INSURANCE

HOMEOWNER'S INSURANCE

posted Feb 19, 2013, 8:38 AM by Webmaster Mariner's Mark

From Raymond Mechling, Board Member
All Homeowners: make sure your individual home owner's policy will cover as many areas of accidental water damage that may cause damage in other units.  The Homeowners Association is not responsible for this damage accidental or otherwise.
There is specific language in the policies that clarify what they cover and what is excluded, therefore everyone should review of their coverage and be satisfied they understand their exposure.
This is just a friendly piece of information that I discovered while talking to my insurance broker after the incident  in another building where the insurance company denied coverage.

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