by Guest » Fri Oct 24, 2008 07:35 pm
If my kid is playing at a neighbor's house and accidentally damages their very expensive rug, would my homeowners liability insurance typically pay? Or would their insurance? How does that work? Thanks in advance.
Posted: Tue Oct 28, 2008 10:08 pm Post Subject:
Yep very true...I found that out this past year. Always see if the claim is worht filing.
Posted: Wed Oct 29, 2008 01:01 am Post Subject:
but do check on your deductable first and also be aware that a claim could increase future cost of protection.
Ok, first of all THERE IS NO DEDUCTIBLE on the liability coverage, so that's moot.
Does the neighbor have to sue me or something for that to kick in or can I just file a claim as I normally might?
No, no body needs to sue anybody just turn the claim in the adjuster will take statements from everyone and find out how much it is to either repair or replace it. Have they got an estimate yet for this? If it were me that is what I would have them do, then you can decide if you want to pay it out of pocket or file a claim.Posted: Wed Oct 29, 2008 01:07 am Post Subject:
Glad there is no deductible but won't this cause an increase to her renewal policy? Hope the poster stops back and updates us.
Posted: Wed Oct 29, 2008 05:13 am Post Subject:
Hi anonymous12345
Are you sure you want to file a claim to cover the cost of your neighbor's damaged rug? I mean how expensive was it? Do you know if your neighbor has already filed a claim with their own insurance providers? I guess you could first find out what it would take to replace the cost of the rug and then decide whether you want to turn to your insurance provider for help or just give it out of your pocket. Even if your neighbor has filed a claim with their HO policy providers, you could still offer to pay the cost to prove you're a good neighbor :)
Happy to help :)
Posted: Wed Oct 29, 2008 08:46 am Post Subject:
Glad there is no deductible but won't this cause an increase to her renewal policy?
maybe, maybe not...depends on the companyAdd your comment