EARTH - The earth violently shakes: earthquake. Your standard condominium association master insurance does NOT cover damage caused by earth movement. However, your association is able to purchase earthquake coverage. Since the northeast does not experience earthquakes all that often, the coverage is priced accordingly.
FIRE - Your standard condo association insurance WILL cover damage caused by fire. The condo's master insurance policy will pay to have a building restored to its condition before the fire occurred. The common causes that ignite fires are older or faulty electrical wiring, a candle, or a space heater.
WIND - Wind storms and hurricanes that cause damage … (0 comments)
Are Earth, Fire, Wind, and Water covered by my condominium master insurance policy?
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