Not sure how it happened, maybe a result of the neighbor upstairs doing something or possibly faulty building structure which is actually ocurring with some buindings in my complex. My HOA insurance covers only the outer structures, walls. I have renters insurance for personal items so would this be covered under my mortgage insurance? HOA says not covered by their insurance??
2007-12-08 08:09:53 · 3 answers · asked by COblonde 3 in Business & Finance ➔ Renting & Real Estate
If the breakage occurred due to faulty building structure, your insurance won't cover it. The larger problem, however, is that it will happen again if the structure is not sufficiently strong to keep pressure and weight off those glass panes. I'd recommend that you investigate the source of the issue to get it permanently resolved.
2007-12-08 08:27:23 · answer #1 · answered by acermill 7 · 0⤊ 0⤋
You very own the placement and you have renters coverage? your householders coverage covers very own property, this could be seen double coverage. even if if it replaced into lined, Do you already know the way deductibles artwork? you likely the two have a $500 or $1000 deductible which potential you pay the 1st $500-$1000 and the coverage employer will pay something. you are going to be able to desire to probably get a obtainable guy out to interchange the homestead windows for $4 hundred-$500 tops. you're plenty greater beneficial not utilising your coverage. that is not even in view that your rates could pass up for the subsequent 3 years. solid success!!!
2016-12-17 11:30:13 · answer #2 · answered by ? 4 · 0⤊ 0⤋
Most insurance policies have a deductible clause, where you pay the first $200-$500. I doubt your damage exceeds the deductible.
2007-12-08 08:15:22 · answer #3 · answered by jimdotedu 5 · 0⤊ 0⤋