Does Homewowners Insurance cover an 18 year old son who rents a vacation home? - vacation rental property insurance
I have an apartment. I could rent a time of dance groups 18-19 years and I wonder whether the owners of the parents' insurance to cover liability and property damage?
If you are a resident of the family are not covered by homeowners insurance? Of course I agree that he did not commit illegal acts, but if they drink and causing harm to themselves or other people who do not really like that my reporting is the only property on the date of loss.
Parents seem reluctant to terminate the contract, my biggest concern is damage to my property signs, but more important is the liability that the cause and the location of the property is. My insurance should cover and protect me, but I also want some peace of mind, which is a source of coverage as well.
Many people told me they will not rent to children, but here I ask you to discuss a contract and not the legal issue.
Thansk for your help!
Sunday, January 3, 2010
Vacation Rental Property Insurance Does Homewowners Insurance Cover An 18 Year Old Son Who Rents A Vacation Home?
1 comment:
Most insurance for owners to consider each charge under the age of 21 years for an insured under the policy, it would be covered by the policy of parents.
Most insurance companies include damages to owners of property used or employed by or leased to lease in the care, custody or control of intentional injury EXCEPT insured membership of other bodies in use, or in the control of fire, explosion, smoke or water damage causes. So, if a tenant for damages caused by an accident, these risks must be part of the responsibility of parents in a position to cover the damage.
Unintentional injuries are covered by a portion of the liability, subject to certain exceptions.
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