What is happening with condo collapse in Florida?
What is happening with condo collapse in Florida?
A major lawsuit in the collapse of a Florida beachfront condominium building that killed 98 people will go to trial in March 2023, a judge said Wednesday. Jan 5, 2022
Did Champlain Towers have insurance?
In terms of assets, the building is gone. Unfortunately, there was only $30 million in property insurance which may be insufficient to cover the costs of demolition, debris removal, and rebuilding. Sep 20, 2021
What are the 3 basic levels of coverage that exist for homeowners insurance?
Homeowners insurance policies generally cover destruction and damage to a residence’s interior and exterior, the loss or theft of possessions, and personal liability for harm to others. Three basic levels of coverage exist: actual cash value, replacement cost, and extended replacement cost/value.
