1-888-800-1042
Kaman Cusimano Logo

Condo | HOA Lawyers

Premiums

Unit Fire Increases Association Insurance Premiums

What happens when a fire caused within a condominium unit destroys that unit, some common area, and damages other units? It becomes an expensive situation for the association.  Even though insurance should pay for all of the damages, the association’s insurance premiums going forward could increase dramatically.  This is exactly what happened to a small condominium […]

Unit Fire Increases Association Insurance Premiums Read More »

Special Assessing an Insurance Deductible Back to a Unit Owner

In Illinois, a Court recently ruled on a Condominium Association’s attempt to charge back an insurance deductible to one of its members (Gelinas v. Barry Quadrangle Condominium Association, 74 N.E.3d 49 (2017)). This particular association had a fire originate in an owner’s unit resulting in damage to not only the specific unit, but the entire

Special Assessing an Insurance Deductible Back to a Unit Owner Read More »