› Flat Chat Strata Forum › Common Property › Lack of maintenance affecting insurance › Current Page
The insurer, at this stage does not care about what maintenance has been or not been done.
Its when you make a claim that they may reduce the payout citing that the property was not maintained properly. This pertains to a loss of property claim.
In other instances (say someone was injured) the insurer may claim that you knew of the hazard and then either refuse to pay the claim or else pay a lesser amount, the balance that would have to be paid by the owners.
By neglecting to fix the boathouse the members of the committee are exposing themselves to personally being sued for any losses.
If they recognise the gravity of that last statement then it might swing them into some action.
I’d also be including the repair as a motion on the next general meeting. That way the committee can’t sweep the issue under the carpet.