Posts Tagged ‘Insuranca’

Accidental, Malicious, Deliberate damage or Wear & Tear – What is the difference?

 

A common query our Property Managers often hear from Landlords and Tenants is…

“What is accidental damage and how is this different to malicious damage, deliberate damage and/or wear and tear?”

From an insurance perspective, it is defined as per below:

Accidental Damage: An unexpected or sudden loss. This is generally something that is an accident and not planned or intentional. Examples include spills on … Read the full post »