- April 5, 2024
- Posted by: legaleseblogger
- Category: Related News
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## Water Damage in Condo
I live in a condo, and I foolishly left the water tap on in my bathroom overnight, causing water damage to the downstairs unit. The extent of the damage is still unknown, and I am currently reviewing my TD tenant insurance policy to see if it will cover the costs.
## TD Tenant Insurance Coverage
I have a basic insurance plan that appears to only cover water damage if it is caused by external factors affecting my unit. This leaves me unsure if I will have to bear the costs on my own. The uncertainty is causing me a great deal of stress.
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Best thing to do is call TD insurance. Every property plan is unique
This would be part of your policy’s liability coverage, not its property damage coverage.
You are looking at the wrong part of your policy. How much liability coverage do you have?
Call them and ask them. That’s what you pay them for.
If you didn’t intend to cause the damage, and your policy includes third-party liability coverage, you should be fine, but we have no way of knowing what you have for coverage.
If you check the TD insurance app it should give you a rundown of all the things your insurance covers you for
As others have said, this has nothing to do with your own first party coverage (usually denoted as Section I of your policy) and has everything to do with your third-party liability coverage (usually denoted as Section II of your policy.) Your policy should cover *at minimum* $1 million of third-party liability (and you should’ve been given the option to increase this.)
Your policy will not automatically cover this damage, though. You have to be found liable (hence the liability aspect), and usually that’s done through the other unit owner/occupant suing you directly or their insurer covering the damage and then they turn around and sue you (a process known as Subrogation.)
Unless you’re served papers, basically don’t admit fault and don’t take ownership other than to tell them you’ve alerted your own insurance company and for the owner/occupant of the unit below to have their insurer contact yours. I wouldn’t necessarily invite them to serve you paperwork, but this should prompt them to get the ball rolling on a claim through their own insurer who would hopefully inform them of the normal process.
>Is that really the case and I have to pay on my own?
We cannot give you a definite answer as we do not read your policy. That being written, if it is indeed true that your policy only covers damages inside your unit, then you would be liable to make your neighbor whole.