Damage To Property Charge Philippines
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FAQ
If a property damage crime results in more than $20,000 in damage, an individual can be charged with a first degree, second degree, or third-degree felony depending on the amount of damage involved.
Property damage involves the harm, breaking, or impairment of something your business owns. This can include your work vehicles, business property, and items they contain?such as office equipment and merchandise.
Company Property Damage Examples of such equipment can include but are not limited to: cars, laptops, and cellphones. But, accidents can happen and company equipment can become damaged. This can result in costs associated with replacing the equipment as well as employee downtime while replacing such equipment.
Damage to the property of others is typically part of homeowners insurance. It covers damage to property and liability or legal responsibility for bodily injury or property damage that policyholders or family members cause to other people. It also covers damage caused by household pets.
If the dollar amount of damage caused can be proven to be over $500 then the person arrested could be convicted of a felony.