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
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.