In a Condo who insures what and who pays for the damage?
Questions often arise when there is an insurable event (such as when a water or sewer pipe bursts), who pays for the damage? The Condominium Association or the Unit Owner. The answer will depend upon what the damaged items are. Section 718.111(11)(f), Florida Statutes, provides that: “(f) Every (Condominium Association) property insurance policy issued […]