Staging Equipment Stolen

[Greg P.]

Hello, we had around $6,000 worth of staging equipment stolen from the home a few days ago. I've asked our insurance company and they say that they do not cover theft. The Staging company stated that they also have insurance, but he said it would affect their policy and put them in a high risk policy so he would rather get paid in cash. I'm not sure how to handle this as it is the first time this has happened. Could anyone shed some light into how to deal with this or if it is just something we'll have to take care and pay out cash?

Thank you.

[Chris K.]

Originally posted by @Greg P.:

Hello, we had around $6,000 worth of staging equipment stolen from the home a few days ago. I've asked our insurance company and they say that they do not cover theft. The Staging company stated that they also have insurance, but he said it would affect their policy and put them in a high risk policy so he would rather get paid in cash. I'm not sure how to handle this as it is the first time this has happened. Could anyone shed some light into how to deal with this or if it is just something we'll have to take care and pay out cash?

Thank you.

I fail to see why you or your insurance company would have anything to do with this (unless you were grossly negligent somehow). It's no different than renters being responsible to insure their own belongings.