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I am renovating my condo unit on the 5th floor. I broke open a water pipe causing it to flood down to the lower units. Am i responsible or would the damage be coverd by the building condo insurance.?
Wiki User
∙ 14y ago
Since you caused the damage, your HO-6 condominium unit owner's insurance may cover the cost of repair.
However, your insurance company and the insurance company that carries the master policy will work through all the details.
If you carry no owner's insurance, you may be liable for the master policy deductible, and you may also be responsible to pay for the damage you caused inside your unit.
Read your governing documents to determine your responsibilities as to insurance.
Wiki User
∙ 14y ago
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