Quote:
Originally Posted by undercoverbrother
This is a building issue, I am almost 100% the Condo Corp's policy should respond.
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In most cases, and quite possibly this one, you are correct. If you have a condo that has water damage and needs an insurance claim, you would go through the strata's management company which should have insurance coverage in place. There is likely a bylaw stating that a unit will be entitled to the coverage and will be the deductible, assuming it's the not occupant's fault. A homeowner or occupant could buy content insurance, but that would cover clothes, TVs, other personal items from theft or damage. Flood or workmanship is not covered under content insurance.
If you had a single family home, you'd have to purchase all of this insurance yourself.