What Are Punitive Damages and Are They Covered by Insurance?

Punitive damages are meant to punish an intentional or malicious act. They are not usually covered by insurance, but neither are they explicitly excluded with most policies. When the insurance plan does not state clearly whether the punitive damages will be covered by the insurance policy, the courts will decide. Generally speaking, when landlords are not extremely negligent or do not conduct malicious acts intentionally, they will not be liable for punitive damages.