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If a new resident at an apartment building falls near an entrance and is injured does the apartment owners liability insurance cover expenses or is this considered your own home with no liability?
Wiki User
∙ 16y ago
It really depends where one fell. If it was in your own apartment, that would be your problem. If you slipped & fell on their sidewalk or tripped in a pothole on the common grounds, you could file a claim against the apartment owners general liability.
Wiki User
∙ 16y ago
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If you fell on your apartment stairs is this covered by homeowners insurance?
Usually not. Your apartment building will have a master insurance policy in which this is covered under liability. Now, if someone falls inside of your four walls of your apartment, you can cover this under your rental insurance liability portion of your policy. A normal insurance company can get you a policy usually pretty reasonably priced.
Is there a certain type of insurance I need to cover a apartment building I just recently bought?
Abso D lutley you need total coverage for fire and liability.
What is lessor's risk insurance?
It is insurance for the owner of the building that covers the building and liability. However it does not cover for any of the tenants that are occupying the suites within the building. It is also known as landlords insurance.
Is the tenant or landlord responsible for damages in an apartment fire?
From an insurance perspective the landlord should have coverage on the building and the tenant should have coverage on his/her contents. Legal liability may be a different issue depending on the circumstances of the fire.
Can rental insurance be changed if you move to a different apartment/ complex?
It's best to check with the insurance provider but you should be able to transfer it with no issues as the insurance is for yourself/your belongings, not the apartment building itself.
Do I really need contents insurance for my apartment?
If you rent an apartment, you might believe your belongings are protected by insurance. After all, the landlord has to have insurance on the apartment building, right? However, this insurance does not protect you at all. Usually, this type of insurance covers the structure of the complex, as well as a few other areas. It might even cover the structure of your apartment. It will not protect your belongings, though. Apartment contents insurance is what you need.
Where can I find construction liability insurance online?
Construction liability insurance costs depend on exactly what in your construction business you want to be protected against. You can choose policies that cover every aspect of building and which cost more depending on the actual cost of your building project. You can also opt for more restricted policies which provide liability insurance on certain portions of your building projects. Most major insurance carriers offer liability insurance, and you may first want to start by calling the carriers that are listed in the yellow pages of your phone book. If they do not carry the type of liability insurance you need, they can often refer you to a company that has just what you need.
Is it a good idea to get renter's insurance when renting apartments?
Yes, you definitely need renter's insurance if you will be living in an apartment. In case of a fire or damage to the apartment, the building owners insurance will not cover your property. You need your own insurance for your things.
Does Farmers Insurance offer home building insurance for contents and supplies?
Farmers Insurance offers home building insurance that covers your personal belongings such as supplies and contents. It also covers liability and medical payments.
Can a renter insure the structure he lives in?
There is renters insurance, but it is on the items the renter has brought into the house/apartment. The owner has insurance on the building.
When is general liability insurance required?
General liability insurance is required for your business as soon as you have something to protect, whether that be assets, sales, employees, a building, etc. We recommend you buy general liability insurance once you have a location, sales, employees, or anything to lose. GL Insurance helps you protect and defend your business from lawsuits.
Examples of liability claims covered by renters insurance while living in an apartment.?
You play softball and hit a ball back at that pitcher putting him in the hospital. The pitcher sues you. The insurance company defends you and settles the suit. You put a pizza in the oven, forget about it and leave. The pizza catches on fire and burns the entire complex down. The insurance carrier that insured the apartment building sues you for the damage. Your renter's policy pays it. Etc.. The second example, with the fire, is not entirely accurate. A renter's policy typically does provide some coverage for "Fire Legal Liability," but it is typically with a lower limit than the general liability coverage.
