The carrier who insured the building itself could also attempt to
subrogate against the responsible party to recover what they paid out.
If the neighbor has a small kitchen fire and your property has smoke damage, the personal property coverage on your policy can take care of your loss and then you can let the insurance company deal with
subrogating against the responsible party's liability coverage.
The carrier who insured the building itself could also attempt to
subrogate against the responsible party to recover what they paid out.
If the neighbor has a small kitchen fire and your property has smoke damage, the personal property coverage on your policy can take care of your loss and then you can let the insurance company deal with
subrogating against the responsible party's liability coverage.
Your policy
subrogates against the responsible party.
Not exact matches
When everyone has Fremont, California Renters Insurance, there's no questions about who is
responsible for making good on a loss — if there were to be a fire, you'd simply file a claim on your own policy for the personal property and loss of use, and then your renters insurance provider would worry about
subrogating against whomever was actually liable for the damages.
It means that when your landlord's insurance carrier
subrogates and tries to collect that money they paid out from the
responsible party, you're personally on the hook for it because your landlord doesn't have a claim
against your liability coverage, as additional insured.
You have to admit that requiring Georgia renters insurance is a much better solution than having the landlord's company
subrogate against you because you're
responsible for the loss!
When everyone has Fremont, California Renters Insurance, there's no questions about who is
responsible for making good on a loss — if there were to be a fire, you'd simply file a claim on your own policy for the personal property and loss of use, and then your renters insurance provider would worry about
subrogating against whomever was actually liable for the damages.