Best Tenant. Ever.

[Yan P.]

I normally do not post useless stuff like this but could not help myself. This is one problem I hope to never have.

http://www.cnn.com/video/#/video/us/2010/12/04/la.apartment.waste.cnn?hpt=T2

[Timothy W.]

Originally posted by Jon Holdman:

I wonder if insurance will cover that, since its equivalent to having burned the place down.

I've settled some shi--y claims but this....

Here's the problem on coverage. It's not the equivalent of having the place burned down. The net dollar effect may be similar but to get coverage you have to determine what is the cause of the loss. The cause of the loss here is drug use by the tenant. It's not really vandalism because the police determined the tenant was doing jenkum. The insurance carrier can decide to move forward with coverage at their discretion but were I adjusting this loss, I would report the drug activity of the tenant as the cause of the loss.

The question now is whether or not there is an exclusion for damage caused by the manufacture of illegal drugs. This sometime happens after insurance companies got tired of paying for hazmat cleanup of meth labs and rewrote policies for this exclusion.