I recently purchased a a condo and before I moved in a leak in the the unit above me caused a flood which affected his unit, an adjacent unit and my unit.
The property manager of my condo has advised that it appears the damage claims will be l over $5,000 and that they will have to decide whether the condo association will pay the claims out of their funds, and not make a claim on the community's insurer, because of concern for a future rate hike.
The unit in which the flood started has filed an insurance claim against his insurer. The unit below him is filing a claim for damages, as is the renter in my unit for damage to his furniture.
The damage to my unit was limited to a room of carpeting, which Servpro advised is not salvageable. My insurer has a 1,000 deductible so I will not file a claim on my one month old policy, because the carpet replacement will cost a little over 1,500
My question is how to best proceed with my claim.
The owner of the unit where the leak occurred caused a leak 3 years ago when his bathtub overflowed after he fell asleep. So I am suspicious as to what caused the leak this time.
The unit owner's insurance carrier advises that their liability in a claim over $5,000 will most probably be to pay the condo association $5,000 and that the other parties with damage claims will have to make them against the condo association's insurer.
Should I replace the carpet now and send a bill to the community association?
Should I submit a claim to the offending unit’s insurer
Any advice by a knowledgeable attorney familiar with Maryland’s condo act on how to best resolve my claim will be greatly appreciated!
The property manager of my condo has advised that it appears the damage claims will be l over $5,000 and that they will have to decide whether the condo association will pay the claims out of their funds, and not make a claim on the community's insurer, because of concern for a future rate hike.
The unit in which the flood started has filed an insurance claim against his insurer. The unit below him is filing a claim for damages, as is the renter in my unit for damage to his furniture.
The damage to my unit was limited to a room of carpeting, which Servpro advised is not salvageable. My insurer has a 1,000 deductible so I will not file a claim on my one month old policy, because the carpet replacement will cost a little over 1,500
My question is how to best proceed with my claim.
The owner of the unit where the leak occurred caused a leak 3 years ago when his bathtub overflowed after he fell asleep. So I am suspicious as to what caused the leak this time.
The unit owner's insurance carrier advises that their liability in a claim over $5,000 will most probably be to pay the condo association $5,000 and that the other parties with damage claims will have to make them against the condo association's insurer.
Should I replace the carpet now and send a bill to the community association?
Should I submit a claim to the offending unit’s insurer
Any advice by a knowledgeable attorney familiar with Maryland’s condo act on how to best resolve my claim will be greatly appreciated!