I have been asked by a few people to add my 0.02.... contracts changed in 2016 so a bit of what everyone is saying it true.
I just had a very long post on all situations typed up and then it didn't post. I will re type it later.
__________________ OFFICIAL CP REALTOR & PROPERTY MANAGER
Travis Munroe | Century 21 Elevate | 403.971.4300
Sounds like his personal insurance will cover the 8k deductible, and he is on the hook for his personal insurance deductible (which I imagine will be much less) as well as the possible increase in his insurance rates. Still a pain for something that doesn't seem to be his fault.
also he gives a shout out to CP on that link. sucks that he is on the hook for deductible, but at least he had personal insurance as some condo/apartment people don't.
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I’m not an expert IRL; I just play one on the internet.