Homeowners Association of Players Club Villas Townhomes, Inc., The v. QBE Insurance Corporation
Case Number:
1:22-cv-02364
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
-
March 21, 2025
Hail Deductible Applicable In Colo. Townhomes' Storm Dispute
A homeowners association's insurer correctly applied a hail deductible when it issued a roughly $1,600 payment despite the association's $3.5 million damage estimate, a Colorado federal court ruled Friday, rejecting the association's argument that the deductible became void once the insurer breached the policy by underpaying coverage.
-
September 15, 2022
Colo. HOA Accuses Insurer Of $3M Estimate Discrepancy
A Colorado homeowners association accused its insurer in a federal court complaint of severely undervaluing storm damage the townhouse complex suffered, saying QBE Insurance Corp. paid nearly $1,600 on what the association's adjuster estimated to be a $3.5 million loss.