I received the following notice about insurance for Building B. I assume that everyone else has received a similar notice for their buildings. Is this billing amount for the total building or just one unit? I emailed Rosalba several weesk ago and have gotten no answer.
RENEWAL NOTICE
Name of Insured
Coco Beach Resort
P.O. Box 1
San Pedro Town, Ambergris Caye, Belize
Policy Number :
20210DQU00M1
Period:
June 1st, 2009 thru May 31st, 2010
Premium:
$ 4,864.00 BZ
$2,432.00 US
Total Sum Insured $ 2,838,000.00
Policy Type : Fire & Associated Perils including Hurricane
Location: Building “B”, At Coco Beach Resort, North San Pedro Town, Belize
Description
Sum Insured Three storey concrete building used as condominiums (Building B) $ 2,838,000.00
2 comments:
Cullen
I received a similar bill, same as last year, or very similar. The $US2432.00 is just for our unit and the other 2 BR units and a little more for the Penthouse. Keep in mind that, there is a 5% deductible. When they say Coco Beach Resort is the owner, does that mean our Association?
Carl Hanson
PS See you in a month
We have not received any such statement, although our unit is 9C, in the back, and not yet complete...although according to Doug, the unit was scheduled for completion in June...I haven't heard any updates in awhile. I was under the impression that insurance is paid through our association fees...
Dan and Veronica, unit 9C
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