Why is Lemonade insurance successful?
Why is Lemonade insurance successful?
Lemonade is able to get by with no physical branches or humans because it offers very standardized rates for all of its customers. Simplifying this process lowers overhead, allowing Lemonade to still make money even if its AI models are not yet up to par with traditional insurance underwriters. Nov 5, 2020
Who is responsible for damage to neighbors property?
Neighbour has no legal liability for damageIn the majority of cases, the neighbour will have no legal liability for the damage so you will have to manage the situation yourself or go through your insurer. If the leak was unanticipated by the neighbour then they will not be held liable for the damage. May 15, 2017
Does house insurance cover damage to a Neighbours property?
Does home insurance cover neighbour damage? In most cases you should be covered by your home insurance for damage that your neighbour causes to your home. Mar 2, 2022
Can a neighbor drain water onto your property?
There is a natural right of drainage that allows water that flows naturally across your land to flow downhill naturally to your neighbour’s land. But you are not allowed to artificially channel water a way that will cause damage your neighbour’s land. If you do, you may face a civil action.
Who is responsible for leaking roof?
Roof leaks are normally the management company’s responsibility to fix and the service charge contributions will usually include a sum for general repairs like this. Feb 10, 2021
