Updated Certification of Insurance
Published August 12, 2022
All Press Owners,
The Master Insurance Policy renewed on July 25th. The updated Certification of Insurance can be found via the link at the bottom of this message, below the signature. In addition to the link to the certificate there is also a letter from the Association's Broker explaining the coverage.
These are posted on the Portal as well:
Press - Certs & Instructions.pdf
Condo Coverage Overview - The Press.pdf
This information is very important and a reminder that owners are responsible for the Association's Deductible in the case of a loss. The current deductible is $50,000.
As stated in Press's Declaration owner's are responsible for the deductible, and shall have insurance coverage for this amount. Regardless of your personal coverage, you will be responsible for the deductible. Please speak to your individual brokers to ensure you are covered properly by an HO6 policy.
Please take the time to review what is and what is not covered by the Master Policy.