I contacted Kim Dean over at Keystone Pacific, our property management company, about what steps we as homeowners need to take in order to get the glass on the roll-up doors covered by the association. Here is her response:
"We would need to get legal counsel involved in order to make the glass an HOA responsibility. This probably would not happen until the community is built out and off the DRE Budget. The Association currently does not have the funds to cover this expense."
Unfortunately, the extra $60,000 spent to have a unit facing the street has yet to pay off, with the exception of a great view of people who constantly pick through the trashcans and the sidewalk's never-ending stroller traffic.
6 comments :
I just called my insurance company because I wanted to see what exactly was covered. They told me that stuff is actually covered, but with a deductible of $1000, it's basically useless for a single pane of glass. They would have to etch every pane and then I still would have to pay a grand. It seems that most insurance policies are for total loss scenarios, where $1000 bucks is small when you've lost everything due to fire or theft. With that said, perhaps we (as a collective of homeowners) could pool up to purchase some sort of supplemental insurance to cover the glass for all the units. With all the units pitching in, it couldn't be that much a month/year. I'm not sure who to call, but you seem like you like a good project.
what does it cost to have etching buffed out or a pane replaced on our roll up doors? How much does it cost the HOA to replace front door glass and how much do those damn vinyl letters cost?
someone suggested earlier to put the letters on the inside. But can you still see them? Maybe put them inside with really bright vinyl? Just thinking..
Even if address numbers are on the inside, if someone etches the door the entire glass pane has to be replaced and anything on the inside bye-bye with the vandalized piece of glass.
Slim, I had the exact same conversation with my State Farm agent a year ago. $1,000 is a lot of money to fork out.
You also bring up an interesting proposal with the group insurance plan. There might be some difficulties when defining rates and whether or not people facing the street should pay higher premiums.
With my situation, I've decided to go with the protective coating on the glass. That will run me about $225 (installed), or $4/SF.
Buffing out the windows runs about $75 a pane, but can leave a slight distortion.
Replacing glass panes can run you anywhere from $150-$250 dollars each.
Good times!
$225 seems pretty reasonable. It pays for itself if you get etched once. Maybe they can give you/us a group discount if we all get our glass done.
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