renter insurance claims
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renter insurance claims (by Nicole [PA]) Feb 23, 2018 2:08 PM
       renter insurance claims (by NC INVESTOR [NC]) Feb 23, 2018 3:52 PM
       renter insurance claims (by DJ [VA]) Feb 23, 2018 4:47 PM
       renter insurance claims (by Nicole [PA]) Feb 23, 2018 4:59 PM
       renter insurance claims (by BRAD 20,000 [IN]) Feb 23, 2018 8:56 PM
       renter insurance claims (by BRAD 20,000 [IN]) Feb 23, 2018 8:56 PM
       renter insurance claims (by NC INVESTOR [NC]) Feb 24, 2018 4:56 AM
       renter insurance claims (by S i d [MO]) Feb 24, 2018 5:11 AM
       renter insurance claims (by Vee [OH]) Feb 24, 2018 5:18 AM
       renter insurance claims (by CGB [MI]) Feb 24, 2018 5:46 AM
       renter insurance claims (by Robert J [CA]) Feb 24, 2018 9:41 AM


renter insurance claims (by Nicole [PA]) Posted on: Feb 23, 2018 2:08 PM
Message:

I haven't seen an actual policy for a few years ... I only see the declaration pages.

In the below thread on the door kicked in, several said it should be reported to the renter's insurance. I was always under the impression they wouldn't pay for damages to the real estate .... just the tenant's property. I thought if the property owner reports to their insurance company, they may subrogate.

--72.70.xxx.xx




renter insurance claims (by NC INVESTOR [NC]) Posted on: Feb 23, 2018 3:52 PM
Message:

Renters Insurance will only cover their personal property. We required water and sewer backup as well since it can't be covered in our insurance. If they kicked the door in that is tenant damage and they are responsible. --71.75.xx.xx




renter insurance claims (by DJ [VA]) Posted on: Feb 23, 2018 4:47 PM
Message:

I've been trying to figure out why landlords require renters insurance if it doesn't cover any damage they cause to the property. Doesn't make sense. --68.105.xxx.xxx




renter insurance claims (by Nicole [PA]) Posted on: Feb 23, 2018 4:59 PM
Message:

DJ - the liability is why I want it. I don't care about the personal property portion so they are able to replace their underwear and television in the event of a loss. --72.70.xxx.xx




renter insurance claims (by BRAD 20,000 [IN]) Posted on: Feb 23, 2018 8:56 PM
Message:

Nicole,

Recent fire in a rental. Her rentersí insurance gave her an $8000 check which she used to pay off her rent to me.

Her ins provided money toward the fire repairs. We did not see that money because my ins covered the repairs. Canít double claim.

Also protects me in that we require it. If the res does not get it or lets it lapse...not my fault their stuff is not covered.

Most door breaks are not worth claiming.

BRAD --68.51.xx.xxx




renter insurance claims (by BRAD 20,000 [IN]) Posted on: Feb 23, 2018 8:56 PM
Message:

Nicole,

Recent fire in a rental. Her rentersí insurance gave her an $8000 check which she used to pay off her rent to me.

Her ins provided money toward the fire repairs. We did not see that money because my ins covered the repairs. Canít double claim.

Also protects me in that we require it. If the res does not get it or lets it lapse...not my fault their stuff is not covered.

Most door breaks are not worth claiming.

BRAD --68.51.xx.xxx




renter insurance claims (by NC INVESTOR [NC]) Posted on: Feb 24, 2018 4:56 AM
Message:

A few reasons for requiring renters insurance:

personal liability

Personal belongings

out of pocket costs if property becomes uninhabitable while repairs are being done

Water and sewer backup. This one might be exclusive to NC since we cannot get water backup coverage under our property insurance. --71.75.xx.xx




renter insurance claims (by S i d [MO]) Posted on: Feb 24, 2018 5:11 AM
Message:

My agent told me that if there are damages to a unit caused by tenant that their renters policy would cover my deductible and possibly the whole claim under the liability provision. As Brad said, I wouldn't file on something as cheap as a door, but a fire....? You bet! I haven't ever had to test this, though. --173.17.xx.xx




renter insurance claims (by Vee [OH]) Posted on: Feb 24, 2018 5:18 AM
Message:

Renters insurance is mainly a holiday claim, when the fridge (if you provide them, I don't and you will read why) goes out it is always near a holiday after all the friends and relatives brought over 200lbs of rib-eye steaks, 100lbs of crab legs, 100 lbs of butterfly shrimp, in between that was as many bottles of wine from the mid 1500's from countries that no longer exist and everything is ruined during the time we went to get aunt Sally from the next county over and stopped to get the rest of the car filled with potato salad and ice cream, there fore the fridge owner will be asked to pay 3300bux plus put the family up in a hotel that has this food on the menu and pay the tip at the hotel eatery too, plus valet parking.

Oh, you will have to submit that to your renters insurance, we only provide the outlet to plug in the fridge. --76.188.xxx.xx




renter insurance claims (by CGB [MI]) Posted on: Feb 24, 2018 5:46 AM
Message:

In case of a tenant caused fire, such as an unattended candle, I belive renters insurance will cover it. As mentioned above, renters insurance provides liability coverage for personal injury caused by Tenant pets. The point of the kicked in door thread is it is considered vandalism and not normal wear and tear. Thus, the landlord is not financially responsible for the repair. For those who think an act of vandalism is financially not the tenants responsibility, who is responsible if an uninsured driver hits a rental car you were driving and you declined purchasing their insurance? --162.82.xxx.xx




renter insurance claims (by Robert J [CA]) Posted on: Feb 24, 2018 9:41 AM
Message:

I've made tenants get Renters Insurance with a "rider" for:

Dangerous or large dogs biting persons on the property to cover the landlord liability up to $50,000. $10,000 per bite.

Large aquariums, Water beds, smoking/fire damage to building (including carpet/flooring), oil leaking from their parked vehicle that causes someone to trip and require medical attention, damage done to the property by tenant or guest while driving.

I made a claim to the renters insurance and it was denied. Then I filed a suit in small claims court against my tenant. Since my tenant didn't insist on their renters insurance making payment, I won a judgement against my tenant and then, their insurance paid off. The tenant had left their security bars unlocked because she kept of forgetting her keys and was locked out. Someone who saw her climb in the window entered the apartment while my tenants were away and left the water running which caused a flood in the bathroom and adjoining hallway. Wood flooring, molding and plaster had to be replaced. Even though the damaged was caused by a 3rd party, it was facilitated by the tenants leaving the bars unlocked. --47.156.xx.xx





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