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Post Info TOPIC: Landlord Insurance
Leather Tech


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Hi Guys our model tenant of 4 years is moving on so the agent is now looking for a new tenant for our rental. My question is can anyone recommend a landlord insurance company that covered wilful damage and rent default.

Regards Peter



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Peter_n_Margaret


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If your property manager is any good (but I have never met a good one) they should be able to recommend one.
Or get yourself a decent insurance broker. That is what they do.

Cheers,
Peter

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Hey Jim


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Hi Peter,

I just put our daughters property through AAMI. She now has a few polices with them.

If you don't have a Depreciation Schedule for tax  purposes on your investment as well. Get it. A one off cost to depreciate over 40 years = $$$$$$

Jim



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Aus-Kiwi


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I found it better to get wilfall damage insurance . The claim for rent is done in such a way .. + / - pie R squire ., your hardly in front . With good realestate agent ? To keep an eye on rent . Also to kick and replace tenants if they don't pay .. I found full landlord insurance a rip off . Take photos of your property . Including carpet and blinds .

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deverall11


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EBM Insurance, landlord specialist.

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Leather Tech


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Thanks for all the replies, I will get some quotes and make sure my agent dose the right thing by me.
Thanks for the tip Jim I will contact my accountant.

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Rip and Rosie


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We use Vero. The insurance is tax deductable, so in the long run its all good.

Agents are agents, tenants are tenants.
Even good tenants cost you money sometimes... just make 100% sure your agent takes photos before and after the rental, and on every inspection.... AND sends you copies.

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Rosie
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