Actions

  Print Article
  BookMark Article

Categories    Category List

Arts & Humanities
  Books & Authors
  Dancing
  Genealogy
  History
  Performing Arts
  Philosophy
  Poetry
  Theater & Acting
  Visual Arts
Beauty & Style
  Fashion & Accessories
  Hair
  Makeup
  Skin & Body
Business & Finance
  Advertising & Marketing
  Careers & Employment
  Corporations
  Credit
  Insurance
  Investing
  Personal Finance
  Renting & Real Estate
  Small Business
  Taxes
Cars & Transportation
  Aircraft
  Boats & Boating
  Car
  Insurance & Registration
  Maintenance & Repairs
  Motorcycles
  Rail
Computers & Internet
  Computer Networking
  Hardware
  Internet
  Programming & Design
  Security
  Software
Consumer Electronics
  Camcorders
  Cameras
  Cell Phones & Plans
  Games & Gear
  Home Theater
  Music & Music Players
  PDAs & Handhelds
  TVs
Dining Out
Education & Reference
  Financial Aid
  Higher Education
  Preschool
  Primary & Secondary Education
  Special Education
  Studying Abroad
  Teaching
Entertainment & Music
  Celebrities
  Comics & Animation
  Horoscopes
  Jokes & Riddles
  Magazines
  Movies
  Music
  Polls & Surveys
  Radio
  Television
Environment
  Alternative Fuel Vehicles
  Conservation
  Global Warming
  Green Living
Family & Relationships
  Family
  Friends
  Marriage & Divorce
  Singles & Dating
  Weddings
Food & Drink
  Beer, Wine & Spirits
  Cooking & Recipes
  Ethnic Cuisine
  Vegetarian & Vegan
Games & Recreation
  Amusement Parks
  Board Games
  Card Games
  Gambling
  Hobbies & Crafts
  Toys
  Video & Online Games
Health
  Alternative Medicine
  Dental
  Diet & Fitness
  Diseases & Conditions
  General Health Care
  Men's Health
  Mental Health
  Optical
  Women's Health
Home & Garden
  Cleaning & Laundry
  Decorating & Remodeling
  Do It Yourself (DIY)
  Garden & Landscape
  Maintenance & Repairs
Local Businesses
News & Events
  Current Events
  Media & Journalism
Pets
Politics & Government
  Civic Participation
  Elections
  Embassies & Consulates
  Government
  Immigration
  International Organizations
  Law & Ethics
  Military
  Politics
Pregnancy & Parenting
  Adolescent
  Adoption
  Baby Names
  Newborn & Baby
  Parenting
  Pregnancy
  Toddler & Preschooler
  Trying to Conceive
Science & Mathematics
  Agriculture
  Astronomy & Space
  Biology
  Botany
  Chemistry
  Earth Sciences & Geology
  Engineering
  Geography
  Mathematics
  Medicine
  Physics
  Weather
  Zoology
Social Science
  Anthropology
  Dream Interpretation
  Economics
  Gender Studies
  Psychology
  Sociology
Society & Culture
  Community Service
  Cultures & Groups
  Etiquette
  Holidays
  Languages
  Mythology & Folklore
  Religion & Spirituality
  Royalty
Sports
Travel

Online Now    Online Now

Author Login    Author Login

Welcome Guest! Please login or create an account.

Username:

Password:



Navigation    Navigation

ADS    Featured Author

ad

ADSDisclosure

Damage to another apartment - no insurance cover?

Author : A Hunch

Submitted : 2018-02-22 02:15:54    Popularity:     

Tags: apartment  Damage  cover  insurance  

I caused some flood damage to the apartment below mine, I did not have my own renters insurance coverage. From what I’ve been told, the tenant renting the apartment below and the land lady who owns it, can claim on their own insurance to repair the damage

Answers:

Yes.
Except... the insurance companies are not going to need to sue you, right? You might have forgotten to purchase renters insurance but you are smart enough to not go to court for a case you can't win...
- create a payment plan with the companies
- hire your own attorney to work on an out of court settlement, if you need to,

Yes.
(This is why you should have insurance)

Yes it is correct - their insurance will cover their expences and come after u. And paying the deductibles is the least of your problem right now. U will pay all the costs and going to court. I suggest u offer to fix everything otherwise u will be taken to cleaners. Believe me insurance company will take everything

you caused it you pay, the other tenant may have renters insurance that will pay the damages but they will come to you to pay the bill

2 very important things to remember about ALL insurance

1) Just cos somebody IS insured against something happening dont mean they HAVE to make a claim on their policy. They ALWAYS have the right to sue the person who caused the problem
All the insurance does is make sure they are covered for any expense caused by the problem
2) Somewhere in all insurance policies there will be a paragraph that says something on the lines of "when the insured person makes a claim and their insurance pay them - they abrogate their right to sue the person who caused them to claim in the 1st place"

the key word is "abrogate"
This means they give up their right to sue so the insurance company can

These 2 things mean - that IF somebody has a claim against YOU for damage YOU cause, but have insurance to cover that damage then they have 2 options
1) to sue you for the damage - problem for them is - this costs them time and money and if you aint got money to pay for the damage they will be wasting their money

2) to claim on their insurance
In THIS case- their insurance will pay for all the damage YOU caused
Problem for YOU is- their right to sue has now passed to their insurer so THEY can sue YOU

THIS is the bit most people are ignorant about- Most people assume-
You cause some damage to somebody's property
they make a claim on their insurance for the damage
their insurer pays out a sum to cover the damage less their excess
You pay them that excess and its all over
IT IS NOT OVER - YOU are still liable to pay the insurer what they paid out to the claimant AND their costs if they have to sue to get it

Whether they WILL sue is up to them and may depend on a lot of things
BUT their claimant can still sue YOU for any excess they have to pay if YOU dont pay it

So YES you have been told correct - But It is not certain the insurance company will sue you - but even if it dont there is a VERY good chance both the girl and the landlord will
(I would - it costs the girl + landlord very little to take you to small claims - if they have a large excess this COULD lead to you becoming bankrupt and f//k you up for years to come
If they + insurance companies sue you are gonna be REALLY f//ked up)

ALWAYS TAKE OUT RENTERS INSURANCE (And make sure it covers public liability)
Not only would it have covered THEIR damage, it would also have covered damage to any of YOUR stuff, and YOU would have no worries except the insurance MIGHT cost you more when it comes up for renewal

"Is this correct and they will all be suing me for this?"

If you were negligent, yes they CAN sue you for all of those things. Will they? We do not have ESP.

I am in UK and if the flat/apartments is owned by the housing department and you have a burst pipe or similar it is them that are responsible but for example you let the bath overflow then it is your responsibility, if you are in a private rent then the owner of the apartment is responsible, Good Luck

They probably will.

They can sue you for the damage and any other costs they incur in having to get that money from you, yes.

No one knows if they are going to sue you, but why wouldn't you offer to pay their deductible? It's your fault they are out that money. I would feel terrible.



Good
Back Homepage
Back


Article Source:
www.Aphotolog.Com

Answer Questions