Officials estimate it will cost about $300,000 to repair a Massachusetts library after a burst pipe dumped thousands of gallons of water into the building.
The Pollard Memorial Library in Lowell, Mass., remains closed after a pipe broke in early January. Library Director Victoria Woodley tells the Lowell Sun that it could reopen within a few weeks if repair work goes well.
Assistant City Manager Michael McGovern says the city will have to cover the full cost of repairs because the insurance policy has a $500,000 deductible. He says the city is currently trying to identify funding sources.
Information from: The (Lowell, Mass.) Sun
Topics Flood Massachusetts
Was this article valuable?
Here are more articles you may enjoy.
Data Centers Offer a Potential $10 Billion Windfall for Insurers 
Florida Mobile Home Insurance Market Still Struggling With Premiums, Coverage 
Viewpoint: Why Brokers Have Little to Fear and Everything to Gain From AI 
Hedge Fund Money Is Reshaping a 180-Year-Old Insurance Model 
