All Topics / The Treasure Chest / Land Lords Insurane

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  • Profile photo of AdministratorAdministrator
    Keymaster
    @piadmin
    Join Date: 2013
    Post Count: 3,225

    Hi all
    I was wandering if anyone could recommend a reputable and reliable one to buy. Our current one has just expired, it was through a melb based company that no longer insures in NSW, but was comprehensive in their cover. We have been told by our managing agent of one thru REINSW (CGU) but just thought I would put the feelers out for any recommendations – I feel more comfortable with other land lord’s recommendations from any experiences they’ve encountered.

    Profile photo of birdmanbirdman
    Participant
    @birdman
    Join Date: 2002
    Post Count: 38

    Hi Ursh,

    I use EBM’s RentCover Plus. It is $245 per year, but gets cheaper with more than 4 properties. Personally, they all seem pretty similar.

    Profile photo of AdministratorAdministrator
    Keymaster
    @piadmin
    Join Date: 2013
    Post Count: 3,225

    thanks muchly have done some shopping around, but it’s always good to get a feel from those in the know[:D]

    Profile photo of Perky29Perky29
    Member
    @perky29
    Join Date: 2002
    Post Count: 14

    Hi,
    Westpac does it for around $200 depending on which state you are in, maybe less. There is some
    excess though.
    This is the cheapest I have seen – AON are pretty good too – around $275.

    Profile photo of ADAD
    Participant
    @ad
    Join Date: 2002
    Post Count: 636

    I’ve just been switching mine to MGA on the advice of my agent. They feel that the policy has greater coverage. And no they don’t even get a commission from MGA.
    Enjoy

    Enjoy
    AD [:0)]

    “Don’t dwell on reality; it will only keep you from greatness.”
    -Rev. Randall R. McBride, Jr.

    Profile photo of TheBTheB
    Member
    @theb
    Join Date: 2002
    Post Count: 135

    Hi AD !

    what are the contact details for MGA ??

    the Bruce

    Profile photo of ADAD
    Participant
    @ad
    Join Date: 2002
    Post Count: 636

    I will get those details tomorrow Bruce. I’ll post them tomorrow so you can grab them. Are you going to the next Property Masters Seminar ??

    Enjoy
    AD [:0)]

    “Don’t dwell on reality; it will only keep you from greatness.”
    -Rev. Randall R. McBride, Jr.

    Profile photo of TheBTheB
    Member
    @theb
    Join Date: 2002
    Post Count: 135

    Hi AD

    Yes I will be helping out in Melb this year, it would be great to meet up in person !

    Now, is it just cause I am a junkie ??? No, actually I really liked the game where I got to be a lender and exorcise all of my finance angst [:)] (Beware “Honest Bruce’s Mortgage Brokers”, loosely associated with “Honest Joes Valuations” [}:)])

    Thanks for all the info.

    Mmmm, I reckon that on behalf of the huge number of the folks that you have helped (incl. me), a big thankyou for spending your time here, especially since money and resources are infinite… and time….. is not…..

    TTFN

    Bruce

    “Gotta go, cat’s stuck in the printer…”

    Profile photo of ADAD
    Participant
    @ad
    Join Date: 2002
    Post Count: 636

    Hey Bruce……thanks for the compliment but I think you over exaggerate my input and under exaggerate your input. I thank you for how succinctly you are able to quantify a situation for all of us. your experience is invaluable for relative newbies like me. Will look forward to catching up in Melbourne if not before.

    Enjoy

    Enjoy
    AD [:0)]

    “Don’t dwell on reality; it will only keep you from greatness.”
    -Rev. Randall R. McBride, Jr.

    Profile photo of TheBTheB
    Member
    @theb
    Join Date: 2002
    Post Count: 135

    Hi AD

    you are very kind.

    In the reality that we are manifesting in this community:

    • everyone helps each other out,
    • no one’s input is worth any less that anyone else’s (as everyone has a different ‘take’ on it),
    • we all get to grow together.

    Bruce

    ps: If you aim to keep learning new stuff, surely you must always be a newbie ! [:)]

    Profile photo of ADAD
    Participant
    @ad
    Join Date: 2002
    Post Count: 636

    Agreed….

    Enjoy
    AD [:0)]

    “A successful person is one who can lay a firm foundation with the bricks that others throw at him.”
    -David Brink

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