Condo Q&A

Can you cancel a condo association's earthquake insurance?

Written by CondoAssociation.com | Tue, Sep 21, 2010 @ 01:18 PM

I live in a 3 unit condo complex. We have earthquake insurance as along with our regular policy. One unit wanted to drop the insurance coverage. At our last home owners meeting it was voted to continue this coverage by 2 out of 3 of the owners. Since that time one of the unit owners died and the unit is empty but will be up for sale in the next few weeks. The owners of the unit that wants to cancel the Insurance sent me an email telling me that they will cancel the policy at the end of this month and if I want to pay the insurance for the three units that is my choice. Is it against the law to cancel this policy once it had been voted and approved. What steps can I take to handle these people and keep our earthquake Insurance valid?

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