Building Insurance To Repair Boundary WallPosted on April 12, 2011.  I Had The Front Of The House boundry wall knocked by a car yesterday, ive called Set The Building Insurance, theyl send out for a surveyor to look at the Wall and tell me How Much It Will Cost. How Much do think i will get? Will my payments go up next year for The Building insurance premium? CommentsEllsworth Cadden says... We have no idea how much you will get.
We can't see your wall to write an estimate on it.
Will your payments go up next year? Again, we can't answer that either. We don't know what your company will do. Your best source of information is your agent.He may be able to give you an idea what would happen with your premium.
In general - your building insurance will pay for the damage to your building (per the terms of your policy). Then they will subrogate (go back against the cars policy for repayment). They will ask for the amount they paid and your deductible. Once they get paid, they forward your deductible to you. Posted on April 12, 2011 Leave a Comment |