By law 10 ,concerning the insurance deductible , was passed with the false promise that it would help keep our maintenance costs down . Well guess what , we had the biggest increase since the building was built and this added insurance burden was passed on to us as well. If a pipe bursts in your suite then why are you responsible for the other suites as well , you weren't the one that installed the pipes, it was the builder that installed them and yet you are responsible for this ??? I remember that one person understood this when there was a meeting and said that he doesn't know what's behind his walls so then why should he be responsible for it ?
Anyways what's done is done and I contacted my insurance agent and I was surprised when he said that he doesn't anticipate my rates going up because of this, but who knows if he is right .