Please help: how to deal with insurance company

I have a rental property: one side of a duplex. My side has broken pipe cause the water damage in both side of the duplex. The other side damage is mainly carpet and dry wall. Their insurance company is contacting me for my insurance information. My insurance does not cover that. I do not have other insurance for such loss.

Questions:
1) Is this necessary to give them my insurance information?
2) When their insurance find out that I do not have insurance coverage for them, will them go after me? (most likely will)
3) How to negotiate with them to minimize the my loss?
4) if no good solution, can they go after my rental property (like put lien on my property)?
5) What is a normal procedure for such case in the court?

Thank you for reading, and any suggestions are welcome.

所有跟帖： 

• 老貓 and other experts, please help. Thanks! -planotx- ♂ (0 bytes) () 03/05/2010 postreply 08:34:05

• 回複：Please help: how to deal with insurance company -單身老貓- ♂ (211 bytes) () 03/05/2010 postreply 09:37:44

• thanks! Any suggestions for my questions 3/4/5 -planotx- ♂ (179 bytes) () 03/05/2010 postreply 10:38:16

• 回複：thanks! Any suggestions for my questions 3/4/5 -單身老貓- ♂ (47 bytes) () 03/05/2010 postreply 13:40:37

• 然而您應該與保險公司談談看是否應該買一個 umbrella insurance -單身老貓- ♂ (57 bytes) () 03/05/2010 postreply 21:52:55

• Thanks. -planotx- ♂ (0 bytes) () 03/06/2010 postreply 01:16:40

• don't you have any liability insurance on your rental? -jy101- ♂ (239 bytes) () 03/06/2010 postreply 20:55:45