Traveltalkonline.com Forums


SXM Cruise Schedule TTOL Sponsors SXM Travel Calendar
Forum Statistics
Forums39
Topics38,433
Posts310,110
Members26,538
Most Online2,218
Jan 21st, 2020
Top Posters(30 Days)
RonDon 115
pat 42
Todd 40
jazzgal 40
Member Spotlight
bdeeley
bdeeley
United States of America
Posts: 1,625
Joined: October 2013
Show All Member Profiles 
Today's Birthdays
LONGISLANDSHARON, Sca2la
Who's Online Now
5 registered members (IWIWSE, Mikel, Jeff thorton, 2 invisible), 1,028 guests, and 55 spiders.
Key: Admin, Global Mod, Mod
Previous Thread
Next Thread
Print Thread
Rate Thread
Liability Insurance #252402
04/08/2021 07:25 PM
04/08/2021 07:25 PM
Joined: Nov 2016
Posts: 70
B
Buddyhog Offline OP
Traveler
Buddyhog  Offline OP
Traveler
B
Joined: Nov 2016
Posts: 70
Planning on buying condo and putting on the rental market. Do I need to purchase liability insurance in case renter is hurt and sues me? Thanks

SXM Sponsors
Re: Liability Insurance [Re: Buddyhog] #252404
04/08/2021 07:31 PM
04/08/2021 07:31 PM
Joined: Mar 2009
Posts: 18,571
Auburn, WA
SXMScubaman Offline
Traveler
SXMScubaman  Offline
Traveler
Joined: Mar 2009
Posts: 18,571
Auburn, WA
By all means.

Re: Liability Insurance [Re: Buddyhog] #252405
04/08/2021 07:38 PM
04/08/2021 07:38 PM
Joined: Aug 2000
Posts: 82,482
Central Florida!
Carol_Hill Offline
Traveler
Carol_Hill  Offline
Traveler
Joined: Aug 2000
Posts: 82,482
Central Florida!
This is a topic that you should consult a lawyer where you are purchasing the condo, either Dutch or French.


Carol Hill
Re: Liability Insurance [Re: Buddyhog] #252406
04/08/2021 07:47 PM
04/08/2021 07:47 PM
Joined: Jun 2017
Posts: 94
Southern US
S
Southbound Offline
Traveler
Southbound  Offline
Traveler
S
Joined: Jun 2017
Posts: 94
Southern US
The type of policy you should be looking for is what is commonly known as an HO6 Condominium Unit Owners policy. In addition to liability coverage, it should include personal property coverage for contents of the unit, loss of use/rents, coverage for those parts of the building that are not the responsibility of the condo association(may include items like floor coverings, light and plumbing fixtures, wall coverings, etc.) and loss assessment coverage to cover your share of the association's deductible in the event of a large loss like fire or windstorm. Read the condo association documents carefully to know what you are responsible for!

Re: Liability Insurance [Re: Southbound] #252419
04/09/2021 08:46 AM
04/09/2021 08:46 AM
Joined: Nov 2016
Posts: 70
B
Buddyhog Offline OP
Traveler
Buddyhog  Offline OP
Traveler
B
Joined: Nov 2016
Posts: 70
Buying on the Dutch side. Any recommendations for lawyer and insurance agent? Thanks


Powered by UBB.threads™ PHP Forum Software 7.6.1