In a Gladstone meeting he said the 1st Priority customers got a renovated condo "for nothing out of pocket".
What kind of economics is that? The association gave their building deductible, usually $5,000 from their reserve, that is $250 per unit in a 20-unit building that must be replaced.
Buildings with a second water leak, had to find $5,000 again.
There were often costs to personal insurance plus that deductible.
There were health costs to many of the displaced 1st Priority customers.
Philadelphia Insurance declined to continue the water damage insurance for village buildings. The whole village now has a questionable record and will be out of pocket.
Now 1st Priority adds liens and lawsuits to their charges.
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Nothing out of Dan's pocket would be more like it.
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