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What defense is available for a tenant with no renters insurance when a fire was started by another tenants negligence who had renters insurance?
Answer A person has a duty to operate dangerous equipment with the ordinary care of a reasonably prudent person to avoid damage or injury to others. … If the stove was defective, or the fire erupted from some unforeseeable circumstances, it might be shown that the fire was not caused by any lack of care by the tenant. On the other hand, the tenant is responsible for returning the premises in the same condition as when he rented them. That is why renter's insurance usually includes liability coverage; it covers accidents that injure or damage others. Answer We suffered a similar situation. I was using hot oil on the range when it suddenly flared up into a torch. I was unaware the flames had lept into the hood. I was able to get the stovetop fire out. But when thick black smoke barreled through the house--I got out and called the fire department. The hood and stove were totaled. The landlord filed a claim with their homeowners' insurance. The insurance rep came to the house and lectured us about now having renter's insurance and warned we would be sued for the full amount of all of the repairs and cleaning. The total cost was $6,000: new cabinets, cleaning the floors, walls, ceiling fans and the blinds that belonged to us. The landlord received check for the full amount, according to the Nationwide rep that called me and tried to get me to pay $6,000. They asked me several times if I left the home with the stove on and I told them I had been there the entire time, following a recipe and it was not negligence. The landlord replaced only the stove. The cabinets are ok but not for the $1,000 rent we pay for a 20-year-old damaged home. We were never sued by the insurance company. Now, we want to move out of this home in which we have lived for nearly 7 years. I don't know how to handle whether or not we should get the security deposit back. If anyone can help please do. We feel we have been getting ripped-off for a few years. Please help, Answer If the premises are not returned to the landlord in the same condition as when you rented them, they are certainly entitled to bill you for any repairs necessary from your possession of the premises, and keep as much of the security deposit as necessary to cover those charges, MINUS whatever they have collected from their own insurance. to cover the same damage (they can't collect twice). Your liability insurance (renter's insurance) should cover accidental damage to the landlord's property.
most renters policies only cover the personal property of the renter. The property owner typically carries insurance for the Hazard of Fire.
The general answer is yes. Although it may vary by state, the landlord can require in the lease that the tenant obtain renter's insurance. One exception to this is gover…nment funded housing.
RENTERS INSURANCE Policies available to those who rent a dwelling; usually covers personal possessions and liability, but not the dwelling itself.
No. That's what renters insurance is for.
Some landlords may require you to carry tenants insurance in order to rent. If they don't it is still a very good idea to have it and very inexpensive.
Yes it would but if it were due to the landlords negligence his liability insurance would cover the loss. Your insurance co will chase the claim against his for you. Pla…ce a claim with them.
No, but it makes sense to buy renter's insurance since it is so cheap and can help you replace your goods if they are ever stolen or damaged.
Who should pay deductible from my renters insurance on APT rental due to water pipe burst Landlord or Tenant?
Regardless of the situation: renter, landlord, apartment building or condominium situation, the first priority is to address the clean-up. Then, phone your broker and turn th…e issue over to your broker, who will collect all the insurance participants to decide who pays for the clean-up. (Clean-up and paying for clean-up may be separate issues.) The insurance stakeholders will determine whose deductible is due.
I cannot see any way that a covered cause would require you to get a locksmith. If the damage was not caused by a covered cause then no it will not pay for a locksmith.
Does an owners liability insurance cover damages to contents of renters property if the homeowner is negligent?
No, a homeowners insurance policy does not provide coverage for the property of a tenant. That's what "Renters Insurance" is for. If the renter chose not to purchase a re…nter insurance policy, Then the renter was negligent to the extent that the renter chose not to purchase a renter insurance policy, perhaps with the mistaken belief that the owners policy would cover them.
The diiference between landlord & renters insurance is that landlord insurance is a policy that covers property owner from financial losses with their property.Renters insuran…ce is policy that cover the renter from financial losses or personal items.
About thirty percent get renters insurance. Renters insurance should be the top priority of any renter however. It helps just in case a strom, or anything else does damage to …the place one is renting.
Yes, if you can prove negligence on the part of the tenant thatdirectly resulted in the fire you could seek coverage from theliability portion of the tenants policy.
Is a tenant in Arkansas required to carry renters insurance or can it be placed on the lease by the landord?
Yep, It's become the industry norm to require tenants carry arenters insurance policy. This protects the property of both thelandlord and the tenant as well as certain liabili…ties of thetenant in the event of damages or loss concerning the rentedproperty. It's in the lease contract. Failure to provide the coverage is abreach or default of contract and he landlord can buy whatever hewants and bill it to you.
Yes if it is covered by d insurance policy & No if not. Usually its not.
Yes, It has become the norm in the leasing industry. It's writteninto the leasing contract.