How Is the Insurance Crisis Affecting Reserve Fund Planning? Property managers and brokers believed for years that condominiums
BY JUSTIN TUDOR
should not make a loss claim unless the loss is estimated to be three times the deductible. Seems to make sense. If
your water deductible is $25,000, it may not be worth risking a premium increase to save $50,000. Certainly, however, a claim would be made if the loss were $500,000 or a cool million.
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