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Is one flat in a block liable for damage caused to other properties eg. from fire leaks and would home contents insurance need to be at a high enough level to cover it?
Wiki User
∙ 16y ago
It is possible that you can be held responsible for damages caused to other units if your actions or negligence somehow caused the fire/damage. For instance, maybe you were cooking and something caught on fire or maybe you accidently left your iron on one morning, and this caused a large fire that damaged your flat and several others surrounding yours. This is referred to as 'fire legal liability' or 'property damage legal liability' and is often included in most renters or homeowners policies, but check with your agent to be sure. It is not based upon the contents coverage you select but rather upon the 'personal liability' coverage you select. Your contents coverage only needs to be adequate to replace everything you own in your home.
Wiki User
∙ 16y ago
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What is "Landlords contents insurance"?
The purpose of obtaining Landlord Contents Insurance is to protect the landlord from damage or loss caused by tenants. This insurance may cover appliances, fixtures, and furnishings.
What is meant by the term contents and buildings insurance?
Contents and buildings insurance is insurance that covers any damage or loss that happens to a persons home and the contents inside. Contents and Building Insurance is usually sold with Home Insurance.
What is the minimum insurance cover in the uk?
Minimum insurance for cars is 'third party' insurance, for housing it's 'contents'. Third party insurance for vehicles does not cover damage to the owner's vehicle, only fire, theft and damage caused to other vehicles in an accident. Contents insurance for housing insurance, only covers damage to the internal furnishings against natural disasters (flood for example) It does not cover the cost of repairing the building itself.
What types of damages does buildings and contents insurance cover?
Building and content insurance coverage can be bought individually or together as a package. Building insurance covers damage to the building such as damage to the roof, walls and floors. Contents insurance on the other hand, covers damage or loss to the personal contents that are contained in the house.
What is the purpose of building and contents insurance?
The purpose of building and contents insurance is to protect homeowners from the damage done by natural disasters, such as hurricanes, to their homes.
Does renters insurance protect contents against flood damage?
Flood is excluded
What does Contents House insurance in the UK Cover?
Contents House insurance in the UK cover: the most of possessions, carpets, furniture, electrics, fire damage, floods and storms, natural disasters, vandalism and malicious damage and theft.
Does homeowners insurance cover your mortgage if you are laid off?
No. This is not what homeowners insurance is for. Homeowners insurance is to pay for physical damage to your home and contents.
Does homewoners insurance cover intentional damage to land caused by a neighbor?
Homeowners insurance typically covers your home, it's contents and certain other losses that might occur on your land, but it does not provide coverage for the actual land itself.
What is the purpose of the national flood insurance program?
The program enables property owners in participating communities to purchase insurance protection from the government against losses from flooding. This insurance is designed to provide an insurance alternative to disaster assistance to meet the escalating costs of repairing damage to buildings and their contents caused by flood
What aspects of a persons life does contents insurance cover?
Contents insurance is a type of coverage that covers damage or loss to personal possessions in one's home. Specifically, it refers to items that are not attached to the house itself.
What are the regular house insurance contents?
Regular house insurance contents include coverage for any natural disasters causing damage to your home, identity theft, personal property and moving coverage, and jewellery.
