› Flat Chat Strata Forum › Common Property › CP and the Strata Committee › Insurance Co forcing tenant to reimburse for damage to common property › Current Page
17/07/2017 at 8:34 pm
#27620
All the lot owners are covered by the OC/BC’s building insurance, so an insurance company cannot recover their costs from them (as they are the policy holders).
But that’s not the situation for tenants. An insurance company can choose to try to recover their costs from a tenant and AFAIK that is outside any OC/BC law. It’s completely up to the insurance company.
If the tenant has contents insurance – that type of insurance usually has a liability cover which should cover the tenant in such circumstances.
It’s a reason why it can be wise for tenants to have contents insurance.