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It really just depends on your lease. In some areas it is customary for the owner to provide the structures insurance while in other areas it is commonly part of a lease agreement that the tenant will provide it.
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∙ 12y ago
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Who pays for a rental car in an accident?
Usually, one of the insurance companies pays for the rental car.
If owner of a house dies does insurance pays off house?
Only if they had mortgage insurance.
Who pays insurance on a rental home?
The owner will usually have a policy but if you are a renter, you should have a renters insurance policy to cover your personal belongings.
What insurance pays off a house in case of a spouses death?
Credit Life Insurance.
What kind of insurance pays to replace items destroyed by a fire in your house or apartment?
renter's insurance
Who pays to replace a house demolished by fire?
Insurance covers some of the cost and the rest the homeowner pays for the replacement.
What does rental reimbursement mean in an automobile insurance policy?
Rental reimbursement insurance pays a small amount toward renting a car while your car is being repaired as a result of an accident. In this day and age a limit of $30-50 is best. Rental reimbursement insurance pays a small amount toward renting a car while your car is being repaired as a result of an accident. In this day and age a limit of $30-50 is best.
Who pays for the damages to your vehicle if a rental car is at fault?
It all depends on whether the renter signed up for the car rental company's extra insurance coverage at the beginning of the rental. If LDW (Loss Damage Waiver) or CDW (Collision Damage Waiver) insurance coverage was accepted by the renter, you will likely be dealing with the car rental company's insurance. If the renter declined the extra coverage, then you will deal directly with the renter's personal insurance provider.
Why would a lender pay the homeowner insurance?
Actually, the home owner pays the home owner's insurance. The lender has an escrow account. This is in additional to the payment of interest and repayment of principal. The escrow account pays the taxes and insurance. The escrow account pays the taxes so the government does not seize the property. The homeowners insurance pays in case the house burns down. So, you pay into the escrow account, and if your house burns down, the lender gets the insurance money. You would not pay a mortgage on a burned down house and the bank knows that, so they have you pay into the escrow account and they pay for the insurance.
Can you get temporary car insurance third party only?
No, car insurance is only temporary when you are renting a car from a rental company, The reson it is temporary is because the company pays it monthly buiy you pay for it dailt.
Who pays if the tree trimmer cuts a tree down and it lands on your house?
The tree trimmer or his insurance company.
What are some of the things tax money pays for?
insurance,public schools,FICA,th white house,etc.
