Insurance Discussion [Split from Slave Lake Thread]

[HOOT]

Originally Posted by Finny61

Ask Aviva, I think they were on that building.

Sorry it wouldn't be the insurer of the building, but the insurer of the unit that burnt the place down. Their (unit owner, or person living in the unir) liability would be what would kick in if they were deemed or assumed responsible.

[Finny61]

Originally Posted by HOOT

Sorry it wouldn't be the insurer of the building, but the insurer of the unit that burnt the place down. Their (unit owner, or person living in the unir) liability would be what would kick in if they were deemed or assumed responsible.

Yes, what I meant was Aviva (condo policy) might look to subrogate against the unit owner if there was a case for it. Correct or irrelevant?

[HOOT]

Originally Posted by Finny61

Yes, what I meant was Aviva (condo policy) might look to subrogate against the unit owner if there was a case for it. Correct or irrelevant?

Like the structure of the building? Yes, technically they could but it is very rare they do from what I understand. Unless there is money 'left over' from taking care of everyone in the building for their contents and living expenses.

[Burninator]

Originally Posted by HOOT

Was anyone found liabile for that fire?

He was a renter who didn't have insurance, so I believe they said it wasn't worth pursuing him. I believe the owner of the unit had to pay their deductible for the building insurance (8-10k). This was briefly mentioned at a condo board meeting, so I could be completely wrong on that amount.