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  • Profile photo of NathanNathan
    Participant
    @hawaii83
    Join Date: 2014
    Post Count: 3
    March 21, 2015 - 7:01 pm

    I don’t understand why you would have public liability insurance for an apartment and not in your houses? If a tenant can trip an apartment they can also trip in a house. Also 20million public liability is a little over the top. My friend was recently hit by a car and it was the drivers fault. He broke his leg and can never run again and got $12k from insurance company

    Profile photo of NathanNathan
    Participant
    @hawaii83
    Join Date: 2014
    Post Count: 3
    March 19, 2015 - 3:01 pm

    It’s frustrating ringing insurance companies to find out what is and isn’t covered in a strata apartment because i feel the person on the other end doesn’t really know when you start asking more complex questions. Such as if other apartments fixtures and fittings are covered in the event of a fire by your tenant.

    Profile photo of NathanNathan
    Participant
    @hawaii83
    Join Date: 2014
    Post Count: 3
    March 19, 2015 - 2:58 pm

    I was of the understanding that if you own an investment property in a strata complex then you are covered by public liability??

Viewing 3 posts - 1 through 3 (of 3 total)