Who is financially responsible for the burglary of a rental home? - landlords rental dwelling insurance
In what damage the tenant is responsible and what damage is liable to the owner?
Who pays for the broken glass and other damage and the cost stolen goods?
I have rental insurance, but can not for things like broken windows.
Friday, January 8, 2010
Landlords Rental Dwelling Insurance Who Is Financially Responsible For The Burglary Of A Rental Home?
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3 comments:
The owner of the building are covered, so that everything is fastened to the structure would fall by the owner.
The insurance covers a tenant .... he has for his personal belongings would be covered by your policy, but .... If you have a lot of jewelry, weapons, antiques, etc., need to make sure you have adequate coverage ... Most of these products have limits, so check with your agent .. Even if you are a home office, some insurers may not cover as commercial issues. Check with your agent.
But ultimately, the owners have a deductible of $ 500 or more ..... You may want to read your contract to see if the address ....
You are the owner of the house, went home it was stolen, if you are responsible for the broken glass and other damage. The only reason that the tenant may be responsible for a broken window, if you can prove they have broken.
If it was one of the tenants, it was stolen, the insurance of their renter is obliged to cover their losses. If no insurance for tenants who must pay for the replacement of their property.
You are the owner and his insurance should cover the damage to the house to cover, including Windows. The tenant is better, optional renters insurance to cover their losses, because they are responsible.
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