Who is responsible for the excess payment on an insurance claim?
Who is responsible for the excess payment on an insurance claim?
PMR 23
(2) A member is responsible —
(b) for any excess amount that relates to damage to any part of the buildings that member is obliged to repair and maintain in terms of the Act or these rules, and must furnish the body corporate with written proof from the insurer of payment of that amount within seven days of written request.
So, the person/entity responsible for the maintenance of the area pertaining to the claim is responsible for the excess payment on the insurance claim.
It, therefore, stands to reason that if the claim is in relation to the common property – which the Body Corporate is responsible for maintenance of – then the excess is payable by the Body Corporate.