Sentences with phrase «property damage clause»

However, the property damage clause of apartment rental insurance will cover damage to, or loss of possessions stored in areas external to the home, particularly if they are listed in an inventory submitted early on.

If you are just moving with friends and not «hiring» them for the move if they damage your property while moving you may have some recourse against them through their personal liability insurance or they may be able to compensate you for damages under the voluntary property damage clause of their home or tenant policy.

Not exact matches

The lease should also include a non-negotiable hold - harmless, or indemnity, clause that shields the landlord from any damage to or injury incurred on the property.

On the tenant side, this can include anything from paying your rent on time and following specific clauses (like not having pets or smoking) to keeping the property free from damage or paying for utilities.

Even if a waiver or limitation of liability clause existed and was brought to the attention of the ski resort patron, the Ontario Superior Court of Justice has further suggested that an injured plaintiff may be awarded damages for a kind of negligence that was not contemplated or considered «as part of the flavour» of the language printed on lift tickets and season passes, and posted elsewhere on ski resort property.

Every lease I have ever seen (and most of the free template lease forms on the web have) had a clause stating that making unauthorized changes to the property is not permitted, along with the possible penalties, like paying for the damages, losing a deposit, even eviction.

Of course, evidential issues will prove problematic — if damaging property is the main breach — it will not work every time, but one would hope that a specific clause would at least make our abuser in the supermarket car park think twice and make it easier to punish him if he does not.

The Court held that since the pollution exclusion clause specifically referred to property damage «caused by, or contributed to» by the release of pollutants, it meant that the policy would not cover liability associated with such a release, regardless of whether it was the sole or concurrent cause of the loss.

This clause applies if your insurer has paid a claim for property damage or loss of income that is covered by your policy.

If your policy includes a coinsurance clause, your insurer will reduce your loss payment if the damaged property is underinsured.

If the homeowner's policy gets involved because of damage to real property, then the payments that they make to their own insured will be subject to the subrogation of rights clauses.

Under the agreed value clause, the most your insurer will pay for a loss to damaged property is the proportion that the limit for that property bears to the agreed value of that property shown in the statement of values.

Abandonment Clause Additional Living Expense Insurance Actual Cash Value Appreciation Assessed Value Blanket Insurance Policy Cash Value Condo Insurance Direct Loss or Damage Earthquake Insurance Earth Movement Fire Legal Liability Flood Insurance Hazard Insurance Mobile Home Policy Mortgage Clause or Mortgagee Clause Multiple Location Policy Peril Personal Property Floater Personal Property Property Damage Red — Lining Residence Premises Salvage Corps Schedule Single — Interest Policy Stated Amount Valued Policy Water Damage Clause Water Damage Insurance

It will cover third party insurance clause providing coverage for third party vehicle damages, third party property damages and own vehicle damages.

Third party insurance is a mandatory clause in the motor insurance policy which compensates damages to the other party vehicle but comprehensive insurance policy covers risk to your own vehicle including damage to the other party vehicle and property.

The Agreement of Purchase and Sale (APS) included a clause, «The seller states that, to the best of the seller's knowledge and belief, there is no known damage to the basement, roof, or elsewhere in or on the property caused by water seepage or flooding.»

Ultimately it boils down to the quality of the tenant — if the tenants you put into the property are the type that would cause damage to the property to save $ 50, it doesn't matter whether there is a repair deductible clause in the lease or not.