Our apartment is in a complex. Does this policy cover damage caused to neighbouring apartments in event of fire, smoke damage etc initiating in our apartment?
There are 2 possible routes should this happen depending on whether the other party(ies) are insured. If they are insured they would claim through their own insurer, who may revert to us for the losses. If however the other party(ies) are not insured they may sue you and any claims settled as a result of their action would be paid by us.
Related Questions
- Our apartment is in a complex. Does this policy cover damage caused to neighbouring apartments in event of fire, smoke damage etc initiating in our apartment?
- Recent rainstorms have flooded my basement and caused damage to some of its contents. My Homeowners policy will cover it, correct?
- Does my policy cover damage caused by natural disasters such as hurricanes and tornados?
