Quote:
Originally Posted by bartginger
Don't fall into the trap of your neighbor offering to fix it out of pocket. He will change his mind once he sees some estimates and hears you want some extra money for diminished value. Trust me you are wasting your time with him. Report the loss to your insurance company immediately and let them go after your neighbor, that's part of what you are paying them to do with your premiums.
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Turn it into the responsible parties insurance company not your own.
If you turn it into your own insurance company it will be subject to your deductible and subrogation can take a very long time against the responsible parties insurer. Also you usually can not get diminished value from your own insurance company only the other parties. Lastly, who wants an insurance claim on their record even if subrogated will still show on your record as a not a fault loss paid.
Trust me turn it in to the neighbors insurance company