Seaspearo's rental property lawsuit - part 3(ZTed)

ZTed again: Seaspearo's lawsuit in Taxes 2008-07-17 19:32:40
Talked with my Texas insurance agent(not insurance company) today. He said my liability insurance should cover this. They will defend me without any cost to me, even no deduction. I am just stupid, for somehow, always thought the insurance won't cover this. Asked him if it is too late, he said it should be ok because I don't know the insurance can cover this before.
Anyway, talked with property management's insurance again, told him I can settle for %20,000(they offered $15,000 now) and deadline is next Monday, if not, I will file claim to my own insurance.
What you guys think, should I take some loss or file claim?

Thanks!

Victor

所有跟帖： 

• Wow! quite a lot of headache to be a landlord. -playForever- ♂ (278 bytes) () 09/29/2009 postreply 17:50:14

• didn't read part 2 and 3 until now - very good -flying_bird- ♀ (0 bytes) () 09/29/2009 postreply 20:33:41

• don't file claim to your own insurance -flying_bird- ♀ (168 bytes) () 09/29/2009 postreply 20:38:19

• PM's insurance will not defent you, because you not the client -jy101- ♂ (0 bytes) () 09/29/2009 postreply 21:15:57

• that's why he should sue the PM company right beginning -flying_bird- ♀ (0 bytes) () 09/30/2009 postreply 07:28:20

• jy, how's your board house project -flying_bird- ♀ (0 bytes) () 09/29/2009 postreply 20:49:45

• hehe, that failed. -jy101- ♂ (0 bytes) () 09/29/2009 postreply 21:16:28