Someone hit my rental house and they dont have enough money on thier auto policy, what options do I have?

  • by vs2009
  • Feb 06,2018
  • 5 answers

Someone hit my rental house and they dont have enough money on thier auto policy, what options do I have?


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Insurance Answers (5)

Max Hoopla 6 months ago

You sue the miscreant.

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David and Stephanie 6 months ago

The driver's insurance policy should cover damages up to the property damage limit.
Your homeowner insurance should cover any additional damage up to the limit on your policy.
If the damage still exceeds the limits on both policies, then the only remaining option is to sue the driver. You should probably hire an attorney if you plan to pursue this option.
The real question is why you don't have enough homeowner insurance to cover the damage. Generally speaking, your homeowner's insurance should be enough coverage to completely rebuild the house. If a car can cause damage beyond the limits of your policy then you were grossly under insured to begin with.

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Casey Y 6 months ago

Why is YOUR policy not sufficient to cover the damages??? You shouldn't have a homeowners policy, you would have a dwelling fire or something similar, not a homeowners because the owner doesn't live in the home...
Seriously, why isn't your policy paying in this instance? Did you simply not make a claim due to some issues you are trying to hide? Why is the coverage insufficient?
You can sue them, good luck with that. You need to fix the property, whether someone else pays or not...right?

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Mike 6 months ago

the driver may not have personal funds, but the CAR they were driving SHOULD have insurance for damages caused by that driver.

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WB 6 months ago

Start by filing a claim with the driver's insurance company. By law, the driver must carry property damage liability coverage on their auto policy, which would pay for the damage to the house.
If their coverage is not enough, the owner of the house can file a claim on their own property insurance policy to cover the difference. If you are the renter and not the owner, your renter's policy will most likely not cover the damage, as you do not actually own it the house. In that case, contact the landlord, who should have a separate policy of their own for the house. If you ARE the owner and have other's renting the house from you, you should have a landlord's policy that you can file on.
Since the driver is 100% liable for the damages, you could also sue them, but that is up to you. You would still have to pay for your attorney and all of that, so you'll want to weigh the actual cost of repairs versus what you could potentially gain from a lawsuit.
Hope this helps! Good luck!

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