Insurance Coverage Q&A: Coverage for Property in a Rented Condo
When an insured rents out his condo and the appliances are stolen, does coverage apply?
December 12, 2022 at 06:41 AM
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The policyholder rented a condominium unit. Upon vacancy it was discovered appliances were stolen. The policyholder does not reside within the risk premises. The policy is unendorsed leaving the only applicable coverage form as the HO 00 06 (10/00). Peril 9. Theft provides theft coverage. However, 9 b. notes “This peril does does not include loss caused by theft (3) From that part of a “residence premises” rented by an “insured” to someone other than another “insured” or…
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