Vaux Insurance Overview

10/02/21 – If some sort of disaster damages The Vaux, it is possible owners will be required to pay an assessment for repair. Such an assessment might be legally binding. Depending on the extent of the damage, that assessment might also be large.

Just in case, it is wise for owners to make sure that the company providing their individual unit insurance includes coverage against loss assessments.

If you are wondering about this, talk to your agent.

Meanwhile, here's a link to a summary of the insurance that covers The Vaux building envelope, its public spaces, grounds, and various liabilities.