Hi All.
This link is to an article about landlord insurance pitfalls and also suggests 2 companies who provide landlord's insurance who appear to provide specialist cover. The article has negative comments about several companies which might be worth reading. Thought this might be helpful since we all need to be covered by this type of insurance if we have tenants.
http://www.collegeaus.com/docs/Newsletters/120824%20Landlord%20Insurance.pdf
Cheers
thecrest
thecrest | Tony Neale - Statewide Motel Brokers
http://www.statewidemotelbrokers.com.au
Email Me | Phone Meselling motels in NSW
Interesting read – thanks for sharing.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
Hey thecrest,
I had a quick read of the PDF. It is interesting that this was put together, and it really emphasises the importance of getting landlord insurance.
To be honest, I've been really surprised when a few of the newbie investors in the forum have mentioned that they had no landlord insurance. I actually use 1 of the specialist insurance providers that were mentioned in the report.
I use Terri Sheer and found them to be a little bit testy on the claim side. At the end of the day I reckon I was out of pocket about $12k with malicious damage and a rent skip, they coughed up $10k after a bit of persistent hassling by me.
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