Florida Condo Owners Deserve Fair Coverage

Damage to a condominium property, whether it is an individual unit or the whole complex, can be a tough sell to an insurance company. Because an insurer’s only priority, typically, is its own financial bottom line, you can benefit from the advocacy, credibility and attention to detail that an experienced insurance law attorney brings to your pursuit of a fair settlement or recovery.

For experienced legal counsel and responsive representation, the kind that has gotten results for our family and business clients for decades, come to Mintz Truppman, P.A., in Miami.

Our case results will show you how loyally and effectively we’ve served our condo clientele – and how we became the firm that changed the face of Florida insurance law.

During our decades of successful operations, our property damage and condominium claims lawyers have become highly familiar with the special requirements of handling insurance claims on behalf of condominium associations and management companies after damage to property caused by any event, including windstorms and hurricanes, fire, water and mold. To make our points, in negotiations with insurers and in court, we can easily access the investigative expertise of construction experts, architects and weather experts, as necessary.

Understanding Deductibles and Coverage Limits in Florida Condominium Insurance Claims

When dealing with condominium insurance claims, it’s essential to be aware of the specifics regarding deductibles and coverage limits. These elements can significantly impact the outcome of your claim and the financial recovery you receive.

Deductibles

• Single Loss Deductibles: Understand how a single loss deductible applies to your claim, whether it affects only your unit or extends to common areas.
• Hurricane Deductibles: Be aware of special deductibles for hurricane-related damages, which may differ from standard policy deductibles.
• Assessment Deductibles: Learn how deductibles are applied when the condominium association assesses the damage and determines the portion for which each owner is responsible.

Coverage Limits

• Unit-Specific Coverage: Know the limits of coverage for your individual unit, including structural elements and personal property.
• Common Area Coverage: Familiarize yourself with the coverage limits for common areas such as lobbies, hallways, and shared amenities.
• Special Assessments: Understand how special assessments for significant repairs or renovations might affect your insurance coverage and out-of-pocket expenses.

Policy Endorsements

• Loss Assessment Endorsements: Investigate whether your policy includes loss assessment coverage to protect against shared losses in common areas.
• Additional Living Expenses: Check if your policy covers additional living expenses if you need to temporarily relocate due to damage to your unit.

Bring Your Condominium Claim To The Firm That Changed The Face Of Florida Insurance Law

Our many condominium association clients appreciate our flexibility and availability. We respond promptly to requests for on-site property reviews, and for meetings with condo boards. We offer thorough, honest answers to any and all questions during the process of approving a special assessment, or the eventual settlement from the insurance company.

We look forward to explaining how we can help, starting with your initial consultation. Call 305-893-5506, or reach us by email message.