On August 8^th, a mixed-use, combined business/residence building in Seocho-gu suffered flood damage to its parking lot. A flood victim pointed out that flood damages could have been minimized if some measures, such as piling up sandbags at the entrance of the parking lot and other places to prevent rainwater from entering, were taken. The victim also announced that victims who suffered flood damage to their cars parked in the building’s parking lot will take joint legal action. Partner attorney Sangjin Cha advised, “Such accident, specifically the damage, is indeed due to insufficient measures taken by those who are responsible. However, the actual benefit from the compensation for loss may not be great, considering the compensation from the insurance company, compensation resulting from litigation, appraisal fee, and other litigation costs. It is important to carefully weigh the overall costs and benefits from the litigation.” [Junggi Economy 08.12.22]

URL: Parking Lot Flooded Due to Heavy Rainfall…Flood Damage To Numerous Vehicles