$625
$50,000 ÷ 80 units
Master deductible
$50,000
Units sharing
80
All units
Per unit (exact)
$625.00
Payment plan options
| Plan | Payment | Total owed |
|---|---|---|
| Lump sum | $625.00 | $625 |
| 3 months | $208.33/mo | $625 |
| 6 months | $104.17/mo | $625 |
Compare notes with boards and managers in the Common Area.
Ask the Common AreaThis is an estimate. Actual deductible allocation depends on your association’s declaration, bylaws, and the specific circumstances of the claim. Some associations allocate deductibles by unit type, square footage, or other methods defined in their governing documents. Consult your insurance counsel before issuing assessments to unit owners. This is not legal or insurance advice.