A catastrophic event like a hurricane or fire can cause millions of dollars of damage to a condominium association’s property in a short span of time. Condominium association insurance policies typically cover common areas like roofs, elevators, fitness rooms, garages, pool decks, swimming pools, tiki huts, entryways, balconies, canopies, the exterior envelope of the building, and windows and sliding glass doors. In addition to the insurance policy, every condominium association in Florida has its own unique set of condominium documents which could potentially affect what is covered under the insurance policy.
Typically, once a condominium association notifies its insurance company of a damage claim, the insurer immediately demands the following:
- Documentation relating to the property, including, but not limited to, board meeting minutes, property maintenance documents, repair documents, floor plans, invoices, contracts, engineering reports, financial records, cancelled checks, etc. It is not uncommon for insurers to demand documents dating back 10 years or more. These requests routinely involve thousands of pages of documentation.
- Multiple on-site inspections by teams of insurance adjusters and experts. These inspections can take days, weeks, or even months to complete, depending on the extent of the damage and the size of the property.
- One or more condominium association Board member(s) to provide sworn testimony under oath,
- Other representatives of the association (i.e. general contractors, public adjusters, professional engineers, etc.) to provide sworn testimony under oath
- Damage estimates.
- A signed and notarized Proof of Loss statement attesting under oath to the damage amount.
Contact our Condominium Association Damage Attorneys Today
Insurance companies apply a great deal of pressure on condominium associations after they file property damage claims. They are very demanding and can be quite unforgiving. They require board members and/or property managers to navigate through a virtual minefield of hyper-technical demands and requests. Rather than adjusting the claim with their insured as an insurance policy requires, it has seemingly become a commonplace strategy for property insurers to go on the offensive and overwhelm their policyholders with voluminous demands and requests. Often times they say that the reason they are underpaying, delaying, or even denying their claim is not due to any wrongdoing on its part; rather, they shift the blame onto the condominium association for its alleged (in)action regarding those same demands they originally made. Reverse engineering one or more reasons to deny large claims such as these is better known as a ‘gotcha’ tactic. Kubiak Law Group understands the law, your insurance policy, and the rules and regulations pertaining to condominium association insurance claims. We have the experience, knowledge, and resources required to fight insurance companies to protect your rights.
We offer free consultations, the same day return of calls and emails, and 24/7/365 availability. Contact us today to schedule a free, no-obligation consultation and learn how we can help with your insurance claim.