Basement Drywall Repair or Replacement Policy
The Association shall not be responsible for repair or replacement of basement drywall regardless of how the damage occurred.
The association provides insurance coverage for
“betterments and improvements” which includes a finished
basement. However, the insurance deductible
(currently $2,500) usually exceeds typical drywall
repair cost due to basement wall leaks. (Refer to
letter provided by Piper McCrede for further
information.)
Drywall damage caused by sump pump failure or
sewer back up shall not be the responsibility of the
association.