FLOODING - Who is responsible if you are renting?
10/17/2019 (Permalink)
Flood Insurance -
Flood insurance is not commonly included in a standard property policy. You have to add it. Neither is it standard in a renters policy. The insurance can be purchased as a separate policy that requires a waiting period of 30 days before coverage begins.
Landlord's Responsibility -
Landlords are usually responsible for insurance for the property itself. Property protection commonly includes:
- Structural damage
- Appliance replacement
- Fixed Fixtures
- Pipes and things inside the wall
- Restoration to the structure by qualified specialists
Responsibility of Tenants -
The tenants are commonly responsible for an insurance policy that covers personal possessions. If a flood is covered, the renter’s coverage can also include:
- Paid temporary relocation in a comparable home
- General living expenses like food and clothing
- Replacement of personal items affected by the loss
Unusual Circumstances -
Often times landlords are not responsible for the tenant’s property. However, If the property owner is responsible through neglect or irresponsibility, the tenant may have a legal case against the landlord for damages incurred and pursue restitution.
For more tips or if you have questions call SERVPRO of Tarzana/Reseda anytime. 818-881-3636