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Updated over 2 years ago on . Most recent reply

Sam Abe's profile image
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Sam Abe
  • from Palmdale, California
  • Member since Apr 23, 2013
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Sam Abe's profile image
Sam Abe's profile image
Sam Abe
  • from Palmdale, California
  • Member since Apr 23, 2013
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Sam Abe
  • Palmdale, CA
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Managing Your Property

Damages by Tenant - Insurance claim

Sam Abe
  • Palmdale, CA
Posted

We have a house 3b/2b that was damaged and we had to evict the tenants. We made an insurance claim for the damages and are looking at 100K in damages. Looks like insurance will cover the repairs as per our policy. My concern is has anyone made such a claim? What are the downsides of this? 

Will the monthly insurance sky rocket if so how much? 

Los Angeles County, California
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Jaron Walling's profile image
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Jaron Walling
  • Rental Property Investor
  • from Indianapolis, IN
  • Member since Jun 20, 2018
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Jaron Walling's profile image
Jaron Walling's profile image
Jaron Walling
  • Rental Property Investor
  • from Indianapolis, IN
  • Member since Jun 20, 2018
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Jaron Walling
  • Rental Property Investor
  • Indianapolis, IN
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Jaron Walling
  • Rental Property Investor
  • Indianapolis, IN
Replied

$100k in damage? Did they burn the place down? Dear lord. 

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