Toronto condo owner shocked when hit with $27,000 insurance bill

France Nouvelles Nouvelles

Toronto condo owner shocked when hit with $27,000 insurance bill
France Dernières Nouvelles,France Actualités
  • 📰 CTVToronto
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 84%

Irene Ricci’s condo unit flooded in March 2022. She thought everything would be looked after, but said she was told she would have to pay an additional $27,657 to cover the costs of the damage.

"My heart sank. That's a lot of money, that's serious money," said Sandra Ricci who helps her mother Irene Ricci with her Etobicoke, Ont. condominium unit.

Irene Ricci did have condo insurance for her unit and her building had insurance to cover the common elements. But about two years ago, the building raised its deductible, which the Riccis said they weren't aware of. “In the case at hand, the Condominium Corporation bylaw section 12.3 allows the corporation to recoup expenses incurred for damages originating in a unit or caused by a unit owner,” Tom Womack, Director of Public Relations with Associa – the parent company for Wilson Blanchard Management that manages Ricci’s building – told CTV News Toronto in a statement.

"Any changes to the deductible or the insurance details must be sent to owners within 30 days. It’s important to make sure you go through all documents you receive,” said CAO CEO Robin Dafoe.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

CTVToronto /  🏆 9. in CA

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Is high-speed rail coming to connect Toronto and Montreal?Is high-speed rail coming to connect Toronto and Montreal?A pair of Montreal city councillors are hoping to get a high speed train network between Toronto and Montreal on track.
Lire la suite »



Render Time: 2025-04-12 23:52:21