So Katie's MTB got stolen from my garage last week. Its a $900 bike.. naturally we are pissed. I currently rent a room in a house (temp situation). The woman that owns the house lives there as well.. I keep my stuff in the garage. Should her homeowners insurance cover the theft? I have told her I am with holding rent until she files with her ins company for the theft. State troopers came out and fingerprinted helmet that was on the bike when it was stolen. Have a case # and everything. Any experience with this and home owners ins?
Her homeowners insurance will tell her that you have to have renter's insurance to cover any loses. Problem is unless she informed her insurance that she was housing a tenant, it may void her current policy.
If you own the home, your HOI will cover... Since you are renting, you would have needed renter's insurance, no dice man, sorry for the stolen bike!
Question then.. lets say I own the home and my friend brings his bike over. It gets stolen, is that covered? Shitty situation for sure. Im pretty sure its the HO's kids friends that took it but cant prove it.
Where does the kid live? I'd be sure to give that info to the cops. Unfortunately it's probably a low priority to them. Sorry to hear and hope you get it back
Already shared all names and got info on kids address's form HO. Trooper visited a few of them but nothing. Thanks Dave.. looks like you guys had fun this weekend.. video evidence..not such a good idea.. lol
Hahhaaa, yeah we seriously need to ban the video from Kub's parties. What happeens at Kub's stay's at Kub's
No. It's the proprtey owners responsibility to secure the property. Unless he can somehow prove that the friend was negligent, but that's a stretch on a bicycle.
Bummer.. thing is it was in my locked (to my knowledge) garage. And I just happened to unhook the cable lock I have around everything to load my 450. Forgot to lock the cable when I left. Im ready to kill some kids. Next time I see them smoking pot in the backyard the 5.0 is going to "randomly" show up.
The terms of the policy in each state, and for each company can differ. You may want to give some thought to a renter's policy to have any chance of getting a friend's bike covered while on the premises. In my state (Ohio) my policy covers property of a 'guest' while the property is 'in the residence.' So in September I hosted a group of friends who were doing Nelsons with WERA. If my neighbor's kids get into the garage (attached) and take their stuff, there's a chance I could get coverage for them under my renters policy. Unlikely scenario? Yes. However, my friends' own renters or homeowners policies would always be primary and mine secondary. And yep, my rate will get jacked to the moon when the policy renews in the spring. Your landlord's policy, whether it's a real landlord policy or owner-occupied, would not likely cover property of a tenant or a tenant's guest. If he/she turns in the claim at all, she's likely to get a neat and tidy denial letter. Good luck. BTW I like the idea of telling those junior stoners / aspiring petty thieves/burglars you're offering a cash reward. Watch how the bike magically shows up a day or 2 later. Then call the cops before your temper gets the better of you. Don't forget to check local pawn shops. You can't smoke a bike.
