|
| Thursday, January 08, 2009
|
|
|
|
|
|
|
|
|
|
|
| IHG Insurance (National Insurance Provider) |
| Providing Community Association Insurance for over 25 years: D&O Liability, Crime Products, Umbrella Coverage and Property Manager's Errors & Omissions Liability. |
|
|
|
|
|
|
| You are not authorized to post a reply. |
|
|
| Author |
Messages |
|
GeorgerwilliamsW
(Indiana)
Posts:767
 |
| 08/24/2008 5:19 AM |
|
From the East Valley Tribune:Condo owners, HOA at odds over water damage
http://www.eastvalleytribune.com/story/123859
When a broken pipe flooded several McCormick Ranch condominiums in June, causing massive damage, homeowners figured they could count on the insurance they purchased through their homeowners association dues.
They were wrong.
Not only did the HOA fail to act on their insurance claim, but the association is refusing to install water pressure relief valves on the building to prevent future breaks, and is blocking the residents from installing the valves themselves, said Gerry Price, whose condo suffered up to $20,000 in damage from the flood.
Furthermore, the HOA has ceased communication with the residents, refusing to respond to phone and e-mail messages, Price said.
The HOA, through its property management firm, National Property Services, wouldn’t answer questions from the Tribune, either.
|
|
|
|
|
JeanneK3
(Maryland)
Posts:134
|
| 08/24/2008 6:33 AM |
|
| Clearly, none of the Board members' homes suffered damage. We've had situations like this in Maryland where Boards try to keep HOA insurance costs down by refusing to submit claims even to the extent of lying to homeowners and telling them the damage is not covered by the HOA insurance. A complaint to the Maryland Insurance Administration citing the insurer, the Management Company and the HOA Board President solved the problem. I'm sure your state has a similar agency. I recommend each homeowner file a complaint. |
|
|
|
|
|
| You are not authorized to post a reply. |
|
|
General Legal Notice: The content of forum messages are from the posting member and have not been reviewed nor endorsed by HOATalk.com. Messages posted by HOATalk or other members are for informational purposes only, are not legal or professional advice and do not constitute an attorney-client relationship. Readers should not act upon this information without seeking professional counsel. HOATalk is not a licensed attorney, CPA, tax advisor, financial advisor or any other licensed professional. HOATalk accepts ads from sponsors but does not verify sponsor qualifications nor endorse/guarantee any sponsor's product or service.
HindmanSanchez Legal Notice: (For messages posted by HindmanSanchez) This message has been prepared by HindmanSanchez for informational purposes only and does not constitute legal advice. This information is not intended to create, and receipt of it does not constitute an attorney-client relationship. Members of HOATalk.com should not act on this information without seeking professional counsel. Please do not send us confidential information unless you speak with one of our attorneys and get authorization to send that information to us. If you wish to initiate possible representation, please contact an attorney in our firm. Our attorneys are licensed to practice law in the state of Colorado only.
Legal Notice For Messages Posted by Sponsoring Attorneys: This message has been prepared by the sponsoring attorney for informational purposes only and does not constitute legal advice. This information is not intended to create, and receipt of it does not constitute an attorney-client relationship. Readers of HOATalk.com should not act on this information without seeking professional counsel. Please do not send any sponsoring attorney confidential information unless you speak with the sponsoring attorney or an attorney from the sponsoring attorney’s firm and get authorization to send that information to them. If you wish to initiate possible representation, please contact an attorney in the firm of the sponsoring attorney. Sponsoring attorneys that post messages here are licensed to practice law in a specific state or states as indicated in their message signature or sponsor’s profile page. (NOTE: A ‘sponsoring attorney’ is an attorney that is a HOATalk.com official sponsor and is identified as such in the posted message or on our sponsor page.)
|
|
|
|
|
|
|
|