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Re: Earthquake Insurance
Not that it should worry me I have a Villa but on our Sitesi there are 12 apartments.
My question is this if you own an apartment & an earthgquake should happen resulting in some damage who picks up the bill for repairing.
Lets assume that one or two of the apartment holders does not have insurance.
Tricky?
The rusult if taken to its extreme could leave the Sitesi with having to demolish the structure clear the site & then rebuild or not with the cost of the Sitesi fees having to be increased to cover the deminished occupancy.
Now that should get some minds working.
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