NEIGHBORING ISSUES
WHEN NEIGHBORLY TURNS INTO NUISANCE IS YOUR POLICY READY?
What Coming From Another Unit?
Water damage caused by leakage into your apartment from your unit or neighboring units is generally covered. As a general rule, if the water causing the damage originates inside the apartment building from a source like a broken pipe, your policy will usually cover it.
Mystery Moisture Causing Mold?
It is important to determine whether your individual policy covers the mold water damage causes. Policies will cover mold related damage if it was the result of a covered peril like internal water damage.
Smoke Coming From Downstairs?
You may be aware that fire damage is frequently covered under your insurance policy, but did you realize that smoke damage can be covered as well? If a fire begins in an area of your building outside your unit and causes smoke damage to the covered personal property in your apartment, you may be eligible for compensation.
Caught in the Crossfire?
Fire damage is one of the most frequently covered perils under a renters insurance policy. But what if the fire originates from outside your unit? Usually, if a fire spreads from a neighbor’s unit to yours, your policy will pay for the damages to your items. Your landlord’s policy will pay for any damages to the building.
Critters Visiting From Next Door?
Pest control and pest damage are typically not covered under renters insurance policies. This includes the cost for removal or extermination of pests and means that if an infestation is spread to your unit from another in your building, the removal cost is often not covered. However, in most buildings, it is considered the landlord’s responsibility to keep the building free of bugs and rodents. It is important to communicate with your landlord and report any rodent or bug related issues.