Private liability insurance, what does key loss mean for rent?
Hey, following question: What exactly does key loss rental mean?
Of course, each insurer defines this for themselves, but generally, the most common advertising is for the loss of keys in rental properties. In this case, the cost of a new locking system is covered.
My specific question: Let's say a friend of mine lost his key and had to gain access to his apartment himself. Naturally, he had to temporarily replace the lock on his front door (he bought a cheap one). The lock on his apartment's locking system is now destroyed.
What points need to be considered in order to claim insurance coverage now? Or is this even still possible?
Because it is actually unimaginable to wait until the insurance covers the costs (provisional replacement is necessary, right? )
Maybe someone knows a little better, I would be very grateful for helpful tips
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The loss of rented or borrowed items is actually a liability exclusion (such items must be treated as one's own). However, this exclusion can be insured for an additional premium, usually with a maximum amount and/or a deductible agreement.
And simply destroying the lock of a locking system falls under unlawful self-help. This, in turn, is excluded as "intent."
So if this actually happens, contact the insurance company FIRST, THEN act
Okay, I can understand the problem a little better now, thanks.
You should clarify this with your insurance company in advance. Each insurance company has its own procedures.
You're right, but that wasn't the question.
You didn't understand my answer: every insurance company has its own rules.
The insurance indemnifies you against claims for damages from the landlord if you lose your key. This covers the costs of making a replacement key and, if necessary, changing the locks. It does not cover the cost of a locksmith to get you back into the apartment.
That the landlord gets his damages compensated, against invoice of course.
The tenant can protect himself against emergency opening through his household contents insurance with the protection letter module.
Private liability insurance = only pays for damage caused to others , not your own.
In this case, the home contents insurance would step in, or he would have to pay for the damage himself.
Since no contract applies to another, you have to read the small print of the contracts.
In this case, the damage is to the lock of the rental apartment, so it is the landlord's responsibility, and if the key is lost, this insurance should cover it, that's how I understand it.
However, I'm just wondering in what cases such insurance applies. The contract states exactly: The insurance covers the cost of replacing locks if you lose keys that don't belong to you and that you use privately.
OK, if he is just a tenant then of course the PHV will step in
Home contents insurance will cover a lock after a PROVEN burglary attempt. It certainly won't cover it because the resident lost the key.
NO, that's not something you can say in general. Of course, the costs are only within reasonable limits (AFTER consultation with the insurer). Of course, if you lose a key, the entire locking system does NOT have to be replaced.