The renter.... Keys are very expensive, even more so now because they all have a chip inside and the key needs to be programmed to the car.
If you let someone borrow your car and they lost the keys wouldn't you expect them to pay to get a new set?????
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.
Possibly. The insurance company has reimbursed your landlord for his loss, and may indeed be within their rights to attempt to recover that from you as the one responsible. You're not their customer, your lanlord is, and anything they can recover from you will reduce the premiums they charge their customers.Unless the insurance company in question is the renter's, because he had rental insurance. In that case, the renter would be the insurance company's customer. As to whether the insurance company would cover a grease fire, the renter would have to consult his/her policy.
Almost every company offering homeowners policies also offers non-owner-occupied, or renter's policies. The risks and coverages are different when a home is not owner-occupied. Coverages and conditions will also be different because risks of loss are generally greater (i.e., your renter will not be as interested as you in protecting the structure against loss or damage).
Car rental "insurance" is not always insurance. There are three types of coverages you can purchase. 1. Damage waiver is for damage to the car itself. It waives the right of the rental company to pursue renter or his/her insurance for damages to the vehicle. 2. Injury/property coverage is for people or items in the car. It covers injury to people inside the car if in an accident or loss of property in the event of break in. 3. Liability covers injury or damage to property if the renter or covered driver is at fault in an accident while driving rental car. The last two are insurance and are underwritten by an insurance company partnered with rental company. Damage waiver is not insurance and all three can be voided if the renter or driver are in violation of rental company policies. All three coverages are charged on a daily basis and can be added/removed at anytime. Most companies require vehicle inspection prior to adding coverages to avoid fraud.
You are fully responsible for any loss or damage to a rental car. If you do not have insurance to cover this or have not purchased insurance from the car rental company, they will go after you for the full cost of the rental vehicle.
== == Always pay the extra bucks for their insurance if you don't have your own. Today, most companies ask for proof of insurance, before they rent a vehicle to you. The Laws very from state to state, in California the renter is fully responsible for any and all damages, including loss of use regardless of fault. Even if the renter was not in the car. It's up to the renter to go after the person responsible for the damages.
It would depend on the state the accident was in. State laws would determine who is responsible. in California the renter is responsible regardless of fault. Also if you accept the LDW (Loss Damage Waiver) and you violate the contract the LDW/CDW is void. So if an unauthorized driver was driving the car and got into an accident, the renter would still be responsible.
depends on the policy you took with the rental company. usually until the car is replaced, you still pay the daily rental fee. hopefully the person who caused it has insurance and you can get them to cover your costs.
Very unlikely. Car insurance is primarily covering damage or loss of vehicle due to theft. Similar to if your car is being repaired a rental car will not be provided.
That depends. If the renter has their own flood insurance then the renter could certainly file a claim on it they have a flood loss. If your asking can the renter file a claim on the Property owners flood insurance then the answer would be no. The owners flood insurance would be specific to the owners property, not property belonging to a tenant.
Each car rental company offers different types of insurance from LDW (Loss Damage Waiver) which covers the cost of repairs to the vehicle in certain circumstances....to PEC (Personal Effects Coverage) which would cover items stolen from the vehicle. There are so many options depending on the car rental company, you should contact the car rental company directly or check their web site for the different types of insurance offered.
Well, Not really, When you buy a renters insurance policy you have to declare that you are a renter. If you have a loss and the insurance company discovers you lied, They will not be required to pay for any claims due to a fraudulent statement on your application.