#57461
Austman
Flatchatter

    Which takes precedence the by-law that the owner has signed or the strata insurance?

    IMO the committee was wrong.

    Because if the by-law somehow took precedence it would leave the lot owner in a situation where they could not insure their floor.   That would likely be considered harsh.   The lot owner’s insurance company is right – they won’t provide cover for something that is covered by another insurance policy – in this case it was covered by the OC’s compulsory insurance.

    At best the lot owner might need to pay the excess.  They don’t even need to OC’s permission to make a claim.

    The OC could also investigate switching to an insurer that doesn’t cover a lot’s floating floors if it’s really such an issue for them.