 I just bought a condo. Do I need homeowners or renters insurance? Who do you recommend I use? |
I'm looking for something cheap since I'm just out of college. The exterior of the building is already covered. I guess all I have to worry about is fire and theft on the interior.
A... |
|
 What is the difference between term life and whole life and what is better to buy? |
| I would like to buy insurance for myself but what is best. term Life or Whole life and what is the different.... |
|
 Life Insurance? |
Trying to figure out what kind of Life Insurance to get.
I'm a soon-to-be mother, not married, but with the baby's father & a possibility of marriage within the next couple ... |
|
 Does car insurance go down after you pay the car off? |
Additional Details
I bought it used, it's a 2000, blue book value is about $6K
What do you think?... |
|
 Medical advances has led to an increase in life expectancy......? |
surely that means that life insurance premiums will be dropping, doesn't it?
Additional Details
No, life expectancy increases for all ... |
|
 Does normal house insurance cover a damaged mobile phone? |
| my phone got water inside and now the screen is discoloured and not all the buttons function is it covered by the house ... |
|
 Can i claim on insurance? |
| After the terrible wind we had on thursday i noticed a big crack in my daughters bedroom window. Can i claim on my insurance for this? If so which one building or household?... |
|
 Does homeowhers insurance cover theft.? |
| my car was stolen from my driveway while i was home and asleep.... |
|
 Would you let me collect on your life insurance? |
| What would I have to do to collect on your life insurance? If I bought you life insurance and paid the premium on it and paid your funeral costs and paid your family 20% on the insurance policy would ... |
|
 Does homeowners insurance cover broken windows? |
| I rent a house at Ohio University and I know that our landlord has to have homeowner's insurance. Last night some drunk guy threw a trashcan through our window. I filed a police report. Would ... |
|
 When is the right time to buy life insurance? |
| My son is due on Valentine's Day. Should I already have life insurance, or should I wait until after I get married, which is happening on the 17th?... |
|
| Do you have health insurance? |
If so, through your employer or did you have to purchase?
Me? Unfortunately I had to cancel mine when the payment amount far surpassed the amount of my MORTGAGE payment. I'm hoping ... |
|
 Why does health insurance cost so much? |
| Just wondering why the cost of healthcare is so high and why it continues to rise year after ... |
|
 Insurance question, this sounds a bit dodgy.....? |
| if a claim on car insurance is for £5,400.00 which is the value owed to the finance company, but the value according to insurance company is £5,000, can they ask for the £400 to be paid to them ... |
|
|  |
trueblue_410 | My grandson threw a cup and broke my new $2000 TV. The warranty does not cover.The damage is $2300.? |
My homeowners insurance company denied the claim. I do not understand my policy covers for "malicious mischief". Are they cheating me?
Additional Details
He is only 3 years old but he does have some anger problems that we are trying to overcome. He throws things,hits and kicks. My wife and I have custody.
I just dont understand why insurance dont cover. |
 |
 
Tee
 |
Vandalism and Malicious Mischief
Vandalism and malicious mischief are generally cited as a single peril meaning willful or malicious physical injury to or destruction of property. Historically, malicious mischief has been added to vandalism to identify the covered peril because it has a special meaning by definition, and because it embraces a number of situations that are not technically covered by "vandalism."
"Vandalism" means willful destruction or defacement of things of beauty. It implies general hostility to nice things and satisfaction from their destruction. It is derived from the name of a Germanic people who overran Gaul, Spain and northern Africa in the 4th and 5th centuries and who sacked Rome.
"Malicious mischief" implies damage to property motivated by hatred or spite. It is not associated with beautiful things, but rather with utilitarian things such as machinery and business buildings and their contents. Acts leading to this kind of destruction are premeditated and include those arising from resentment and ill will during labor disputes.
Accidental damage is not covered under the "vandalism" peril. Coverage applies only when the damage is intentional. The vandalism and malicious mischief peril does not include loss to property on the "residence premises" if the dwelling has been vacant for more than 30 consecutive days immediately before the loss. A dwelling being constructed is not considered vacant. Furthermore, the vandalism or malicious mischief peril does not include loss by pilferage, theft, burglary or larceny. Back to More Information
I hope this has helped. Bad luck with the TV. |
|
Katie W
 |
Difficult to say without knowing the fine print on your contract.
However, the general idea behind responsibility for compensation for damage done, is that whomever does the damage is responsible, or, in the case of a minor, the parent or guardian may be responsible for reimbursement. This is why warranty does not cover it, it's not the manufacturer's fault that the TV does not work. Similarly, intentional damage (even if just an uncontrolled child who (I hope) doesn't know any better) isn't quite the same as an accident. You might do better to try to file a claim against the parents' insurance, or, if you're determined to obtain recompense, against the parents (though this might cause some family stress)... though if you were watching the child at the time, it likely could be argued that you were the one responsible, and thus they would not be liable. |
|
MSAD
|
When your grandson threw the cup did he do it with malice and forethought? Did he intend to damage your $2300 TV? Or was he just a kid pitching a fit?
If your grandson did not do it with the intent to cause malicious harm to your property - then it is not malicious mischief.
If he did intend to harm your property, call the police and have them file a report - if the child is old enough, he can be held criminally liable for his actions and if his actions are malicious mischief - he should be held criminally liable for his actions.
Or you can sue his parents if they were at your home and were not properly supervising their child. If the child acted in a malicious manner - then his parents (your child) should be held civilly liable for the damage their child caused. Apparently they did not teach him right from wrong.
However, if the child was in your home and under your supervision - then you are responsible for his actions. You will have to sue yourself for not properly supervising your grandson.
In short......no....the insurance company did not cheat you. This is not a malicious mischief situation. It's your grandson under your care, custody and control pitching a fit. |
|
mbrcatz
 |
Did you press charges against your grandson?? Malicious means, with bad intentions. Was this an accident, or did he deliberately throw the cup with the intention of damaging the tv? If it was deliberate, you have to file a police report and press charges - just like with vandalism.
Otherwise, it was an "accident".
If he's under 13, and doesn't live with you, you can sue his parents for the damages, and it SHOULD be covered under their homeowners policy. If he lives with you, he's a household member, and any damages he causes are not covered under your policy. Even if you press charges. |
|
Eraserhead
|
What your grandson did was not malicious if he was a little kid. There has to be an intent and plan there to damage your property. Small children are not legally able to form intent.
I work for an insurance company and I handle property cases. This is the reason I would deny this claim as well. Malicious Mischief would be more like someone knocking your mailbox down with a bat. Something completely intentional. |
|
Gem
|
If you prosecute your grandson and give him a life long criminal record, then they may pay.
Did you buy the TV with a credit card? Many credit card companies offer protection for just such circumstances.
That stinks. How old is the child? Looks like he will be working on chores for a long, long time. |
|
wizjp
 |
It would have been a stretch at best for your homeowners; and no way to warrant against someone throwing anything at a set.
Sucks; but probably not cheating you. |
|
Jason S
|
There is a lot of fancy insurance jargon in the answers here. The bottom line is that if he is a 'household member" meaning he lives with you and you have custody, then there is no coverage for damage to your property. The reason they do this is to keep people from damaging their own stuff to collect the insurance claim money. This may differ a bit from insurance policy to insurance policy, but it sounds like this is why your insurance company is denying the claim.
Sorry to be the bearer of bad news.
Good luck to you! |
|
ben s
|
how is the damage $2300 if the tv only costs $2000. |
|
Jax
|
First off, if there was $2300 worth of damage on at $2000 tv, at best, they would replace it, but they wouldn't be paying you more than it cost. Worst case, you have actual cash value policy and you would only be eligible for the depreciated value of the tv.
Second, Malicios mischief applies to intentional damage like vandalism. Any damage, intentional or not will not be covered if caused by a member of your family or household. And, usually, if your tv was damaged, by say, a neighbor in a similar situation, their insurance would cover that under a liability claim.
Since you are the custodians of this little boy, you are responsible for his actions, his parent's homeowners insurance would not cover him or his actions. |
|
RT(R)
 |
well u should have said someone broke and broke it. because technically it was YOUR responsibility to watch your kids |
|
kokopelli
|
I would be the term "malicious mischief" only applies to damages done by people not a member of your household or living in the same house such as a relative, etc. The reason is obvious. You could decide you did not like your TV and wanted a new once, so you take a hammer to it and smash it. If you destroy your own stuff why should the insurance company pay for self-inflicted damage?
"Here, Kiddie, take this cup and throw it at the TV." |
|
TedEx
|
Wait a minute. You;re not the parent??
Have you tried filing a claim under the parents' homeowners policy??
This is a liability case. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
10 | 16 minutes(s) ago
| | | |
14 | 51 minutes(s) ago
| | | |
14 | 1 hour(s) ago
| | | |
14 | 3 hour(s) ago
| | | |
14 | 8 hour(s) ago
| | | |
13 | 11 hour(s) ago
| | | |
14 | 1 day(s) ago
| | | |
14 | 4 day(s) ago
| | | |
14 | 2 week(s) ago
| | | |
14 | 3 week(s) ago
| |
|
Homepage 
Financial
Forum 
Insurance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
