Dec
30
Will a renter of my vacation home homeowners liability policy pay for damage they do to my rental property?
Posted by Getaway under Insurance
olrazdad asked:
I own a vacation home rental property that I rent by week and weekends. If the renter damages my property will I be able to bring suit against them and their homeowners policy pay for the damages?
I had a renter use my property and they or their guest put burn holes in my furniture and carpet. They also broke a bed and put a hole in the wall. They have a NJ HO3 policy, will that pay the damages? Is the damage considered intentional?
I do know HO3 liability policies cover for property damage. If it wasn’t done diliberately. Liability covers the homeowner and their resident relatives wherever they are; not just on the premises. This is what I am wondering, will their homewoners liability property damage coverage provide for the damage they done to my property. I know I would have to bring suit against them but the LIABILITY PD coverage part should cover the damage they done to my property. I think this correct but looking for correct language if anyone knows!
MELINDA
I own a vacation home rental property that I rent by week and weekends. If the renter damages my property will I be able to bring suit against them and their homeowners policy pay for the damages?
I had a renter use my property and they or their guest put burn holes in my furniture and carpet. They also broke a bed and put a hole in the wall. They have a NJ HO3 policy, will that pay the damages? Is the damage considered intentional?
I do know HO3 liability policies cover for property damage. If it wasn’t done diliberately. Liability covers the homeowner and their resident relatives wherever they are; not just on the premises. This is what I am wondering, will their homewoners liability property damage coverage provide for the damage they done to my property. I know I would have to bring suit against them but the LIABILITY PD coverage part should cover the damage they done to my property. I think this correct but looking for correct language if anyone knows!
MELINDA









