Will insurance cover furniture stolen from investment property I was selling?
Saturday, November 29th, 2008
wfs asked:
My furniture was stolen from a rental house I was selling. The insurance company will not cover my 50K loss because it was a rental. They say I dropped contents coverage, but i wouldn’t have done that on my own. Since I moved the furniture in there from my primary home to help the rental sell, I tried a claim on my primary home under the off-site clause. This was denied because the furniture wasn’t in transit. Any recourse here?” in Yahoo! Answers
JIMMIE
My furniture was stolen from a rental house I was selling. The insurance company will not cover my 50K loss because it was a rental. They say I dropped contents coverage, but i wouldn’t have done that on my own. Since I moved the furniture in there from my primary home to help the rental sell, I tried a claim on my primary home under the off-site clause. This was denied because the furniture wasn’t in transit. Any recourse here?” in Yahoo! Answers
JIMMIE
