Please help me if possible. Imagine I have business liability Insurance and there is a robbery and the thieves escape. If someone on the street tries to catch them and gets injured, is that person medical bills covered by my business liability? Thank you in advance
Interesting! If anyone were to sue you in association with these injuries liability coverage would certainly apply. As for Med Pay, it’s a very accessible coverage so it likely would apply. Definitely a conversation with the insurance adjuster.
jose santiago this type of scenario could go down multiple ways. Both condo owners should file a claim and the association probably should to. The likely outcome is that their policy covers their damage and your policy covers yours. The reason is that you likely didn’t do anything to be liable for. A pipe broke. You didn’t do anything. It’s similar to a tree on one property hitting a house on another. Check out the video on that topic in our claims playlist.
I got a quick question: my washing machine broke and it started leaking I'm in a condo. Am I liable for the damages unit below? full disclosure my bylaws says if there was no negligence then each home owner should file a claim? I am in Canada British Columbia. Could other units go after me? lawsuit?
a XDC, I would certainly file the claim and let the insurance companies figure it out. You’re right, the center of the issue will be whether there was negligence. It could be very hard to know though. Why did you washer overflow? If it was blocked by a dog toy that could be negligence. If it was a manufacturer defect, maybe not your fault. In the end, it’s not worth worrying about. Just submit the claim and let them work it out. That’s why you pay for insurance.
@@ShineInsurance Okay thanks, I understand it's just it seems like my insurance is just pushing for the "no negligence play" The washer wasn't stopping on filling stage.
This video helped me with my process. I just shared a video about my insurance claim and it was hectic. I wouldn't wish a property insurance claim on anyone. Luckily, insurance saved me HUGE.
It's was of great important to me
Please help me if possible. Imagine I have business liability Insurance and there is a robbery and the thieves escape. If someone on the street tries to catch them and gets injured, is that person medical bills covered by my business liability? Thank you in advance
Interesting! If anyone were to sue you in association with these injuries liability coverage would certainly apply. As for Med Pay, it’s a very accessible coverage so it likely would apply. Definitely a conversation with the insurance adjuster.
studying to be an insurance adjuster...this was very helpful? simple and easy to understand...thank you for explaining in plain english!!
Super important job!! Thank you for becoming a great adjuster. We need more people coming at it from a clear and kind perspective.
Thank you for explaining this to us. Much appreciated!
Quick ?. Pipe burst in your condo unit and damaged ceiling of the unit below you. Can that be a liability coverage issue??
jose santiago this type of scenario could go down multiple ways. Both condo owners should file a claim and the association probably should to. The likely outcome is that their policy covers their damage and your policy covers yours. The reason is that you likely didn’t do anything to be liable for. A pipe broke. You didn’t do anything. It’s similar to a tree on one property hitting a house on another. Check out the video on that topic in our claims playlist.
Where can I find video number 1??
Here's the playlist for the whole course: ua-cam.com/play/PL425CAnBWQyR7jTxJzNJ1tJjGGKoDKhjn.html
Great video!!
Good video
Awesome Explanation with real-time examples
Enjoyed your teaching👌🏾
Glad it was helpful!
Question - if the floor -ceiling broke down does insurnace pay?
Thank you for sharing quality in. Much appreciated
I got a quick question: my washing machine broke and it started leaking I'm in a condo. Am I liable for the damages unit below? full disclosure my bylaws says if there was no negligence then each home owner should file a claim? I am in Canada British Columbia. Could other units go after me? lawsuit?
a XDC, I would certainly file the claim and let the insurance companies figure it out. You’re right, the center of the issue will be whether there was negligence. It could be very hard to know though. Why did you washer overflow? If it was blocked by a dog toy that could be negligence. If it was a manufacturer defect, maybe not your fault. In the end, it’s not worth worrying about. Just submit the claim and let them work it out. That’s why you pay for insurance.
@@ShineInsurance Okay thanks, I understand it's just it seems like my insurance is just pushing for the "no negligence play" The washer wasn't stopping on filling stage.
Thank you so much. I like the flow of the video.
B
This video helped me with my process. I just shared a video about my insurance claim and it was hectic. I wouldn't wish a property insurance claim on anyone. Luckily, insurance saved me HUGE.
Nice course good advise
Thanks Yasir, so glad it was helpful!
Wasteful rambling honeetly this was not helpful