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Condo owners may also want to add what is called loss assessment coverage to their policy, according to the Insurance Information Institute.
Mr. Poliakoff recommends that owners consider increasing the assessment coverage in their homeowner policies (or buying it, if it is not already included).
Such loss assessment coverage, as it is known, would pay the resident's share if, for example, someone falls down in the common area of a building, sues and wins an amount beyond what the co-op's insurer will pay.
It may be feasible for homeowners to negotiate a payment plan -- and even to cushion the potential impact by increasing the amount of assessment coverage in their homeowner insurance.
It's also wise to get loss assessment coverage of at least $5,000, which costs about $20 annually and covers your portion of the condo association's insurance deductible.
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The Ringling Brothers and Barnum & Bailey Circus arrives tomorrow in a city overstressed by Iraqi threat-assessment coverage and reeling from Orange Alert fatigue.
A "Loss-assessment coverage is automatically included under a cooperative or condominium homeowners' policy," said Robert E. Mackoul, the president of Mackoul & Associates, an insurance brokerage in Long Beach, N.Y.
We assessed coverage of assessment and care plan delivery on a practice nurse level to allow for an investigation of inter-nurse variance.
Such a level of uncertainty may not be appropriate for accurate post-campaign coverage assessment, but served our purpose well during the campaign, since we needed to assess coverage rapidly.
Traditional Broadcast Channel (BCCH) frequency scanning data is common measuring data source of present integral network structure assessment including coverage and interference [1], which can accurately reflect the radio signal coverage status of BCCH frequency [5].
Detection and assessment of coverage holes are both related to fault detection and diagnosis within self-healing [10] and coverage optimization [11].
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