In Illinois, a Court recently ruled on a Condominium Association’s attempt to charge back an insurance deductible to one of its members (Gelinas v. Barry Quadrangle Condominium Association, 74 N.E.3d 49 (2017)). This particular association had a fire originate in an owner’s unit resulting in damage to not only the specific unit, but the entire building. The Association made a claim with its insurance company and received reimbursement for the necessary repairs to be made. The Association then held a hearing and levied an assessment against the Unit Owner in whose unit the fire originated.
Continue Reading Special Assessing an Insurance Deductible Back to a Unit Owner

What happens when a fire caused within a condominium unit destroys that unit, some common area, and damages other units? It becomes an expensive situation for the association.  Even though insurance should pay for all of the damages, the association’s insurance premiums going forward could increase dramatically.  This is exactly what happened to a small condominium association in Wisconsin.
Continue Reading Unit Fire Increases Association Insurance Premiums