AnnaParticipant@jennyhjJoin Date: 2009Post Count: 1
Could you please share experience landlord & building insurance you have been using either good or bad?
I’m looking for insurance for my IPs,2 bed unit and 3bed house (a bit run down but still in renting condition.BennyModerator@bennyJoin Date: 2002Post Count: 1,376
I can’t point you toward any specific company – but I wanted to share some very useful words that came to us recently from someone who has years of experience in the Insurance Industry. You will hear that from his words and the ideas he has presented here for us.
I was astounded on first reading his comments, and I am happy to point you to them, so you too can be more aware of “what to look for” when hunting down insurance.
BennyDeanCollinsParticipant@deancollinsJoin Date: 2015Post Count: 376
we have all ours with Honan who sell Chubb insurance, never had a claim but read online good reviews and easy to do renewals etc.Jamie MooreParticipant@jamie-mJoin Date: 2010Post Count: 5,069
Personally – I’d stick with the larger companies. I went with a cheaper/smaller one once and it was a massive hassle trying to make a claim (they persistently tried to avoid paying out when the evidence we had was quite strong).
JamieCorey BattParticipant@cjaysaJoin Date: 2012Post Count: 1,010
The key is understanding that cheap doesn’t equal good. Insurance profitability vs likelihood of making claims – so if they’re offering cheaper premiums where are they making the money?
There are still good cost effective options out there – but the number 1 thing you should be looking at is what you’re actually getting for your money in terms of the PDS.Luke TaylorParticipant@world-changerJoin Date: 2005Post Count: 415
just remember to get everything covered you need .Eg Brisbane flood insurance is a must -I have found Suncorp are the best on price too with multiple policys and payout with no qs asked