Friday, July 25, 2014

If stolen, is the outside condensing unit of an air conditioning system considered physical property and covered under vandalism on insuranc...

Question

If stolen, is the outside condensing unit of an air conditioning system considered physical property and covered under vandalism on insurance policies?



Answer

It would be considered a fixture. The deductible for theft would apply. Vandalism usually does not involve the taking of the property.



No comments:

Post a Comment