Business Owners Insurance

We rent our house and the tenants have demolished the interior thereof. Can I file an insurance claim? We have business owners insurance on the house. Tenants do not have money and are totally incapable of making restitution.

The policies are written to cover specific damage. The wear is not covered. Vandalism is covered.

Did you file police charges against them for acts of vandalism? Are you prosecute to the fullest extent of the law? If not, then you do not claim vandalism.

Another thing to keep in mind - if your "business owners" Politics is really a fire "housing" policy, then you bring any claim against it, will not count against you and against the house you live two or more claims within three years, and it will be almost impossible for you to buy a new insurance policy for at least five years. Think long and hard about putting in claims for damages under $ 5,000 or more.