Just got some bad news

1 insurance claim is not going to increase your insurance too much, if any, all depends on your deductible. If your deductible is less than the damage then it may be something to consider. We usually have 1 or 2 insurance claims a year and I have not seen our prices sky rocket or change much at all. Usually our claims are small stuff.

If you don't go through insurance, I'd ask for a full check for the work you performed from them, and then cut them a check for the damage back. So there is a paper trail and you can write off the expense of the damage.

Just what i was thinking
 
Always, Always, Always.....cover fire pull stations...or whatever you call them. Disclaimer on electrical items, tape door locks.....

CYA.....Cover Your A$$........and everything else.

Yep! And as I said previously here, take pics of them when you cover them.
 
Talked with the PM today, everything went great! The board really liked our work, and were understanding to the "accident". Were going to pay for the damaged call box, covers those fvckers from now on, and not only keep this account which is 4 blgs, we will also be doing 2 more 4 units properties.

Of course there will be a "slight increase " on the price for the other communities...

All in all, we keep the account, still in good with the PM, and have a chance to make a lot of money in the coming years from this one.

Quick question, do I eat the charge on the work we did as well? Or do I say keep the money owed and here's a check for the remaining balance?Or should I just make a claim with insurance. Really don't want the premium increase next year . Thoughts Please...

They should pay you the full amount of your contract....then you pay them for the damage.
 
It doesn't matter what the problem is. It matters how you take care of it. Especially if you take care of it, no problem, and they still toss you, it is probably not an account worth having.
Thats some good advice right there!!!
 
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