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Unit Fire Increases Association Insurance Premiums

/ Owner - October 25, 2017

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.    Read the article…………….

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