Kanetix Forum

If during a storm, a tree damages someone else's property who's home insurance would cover the cost of the damages; the owner of the tree's policy? Or the person's whose property was damaged?

In this case it would be either/or. The person whose property is damaged by the tree may claim it under their own home insurance policy subject to their deductible. Conversely, the owner of the tree may claim for the damage under the "Voluntary Property Damage" section of their homeowners policy. Under this coverage the tree owner would voluntarily compensate their neighbour for the damage caused by the falling tree. There is a limit to how much this coverage pays, typically it would cover $1000 or so.

Sean Graham, Principal Broker at KTX Insurance Brokers.

Neither Kanetix® nor the KanetixForum.ca is an insurance broker or agent. Although this information has been passed along to you from KTX Insurance Brokers through the Forum, we are not responsible for the opinions expressed by them. Insurance can be complicated. When reading these answers, keep in mind each person¿s situation is unique. Individual responses may vary depending on your insurer, geographic location, and specific circumstances. If you have a similar situation, always speak with your insurance provider, or a licensed insurance representative, for terms and conditions that may apply to you.