Hi Matt

I just came across this post and was somewhat intrigued. The reference to having “very strict clauses” compared to major insurers is in my opinion way off the mark, and in fact very much the opposite way around. The specialist landlord policies such as RentCover are renowned for covering a far greater breadth of landlord risks than those…[Read more]

It’s certainly possible, insurance policies often have sub limits on specific sections of the policy. I can only speak conclusively for our RentCover products where there is certainly no sub limit on either malicious or accidental damage, they are both up to $50,000.

Going back 25 years there were two landlord insurance policies on the market,…[Read more]

It’s certainly possible, insurance policies often have sub limits on specific sections of the policy. I can only speak conclusively for our RentCover products where there is certainly no sub limit on either malicious or accidental damage, they are both up to $50,000.

Going back 25 years there were two landlord insurance policies on the market,…[Read more]

As mentioned in previous post, there is no such thing as a “cover the lot” insurance. If anyone tried to do it no-one would ever be able to afford it, so there needs to be parameters set of the risks that an Insurer is willing to cover you for and at what price. From our point of view we try to cover as many risks as possible for a landlord…[Read more]

First things first. There is no such thing as just “covering the lot”. As you say, you could never list every individual event and neither could any Insurer just “cover everything”, it’s far too open and could never be priced. Certainly no-one could ever afford “cover the lot” insurance. The best example of difficulties with insurance in this…[Read more]

Having been involved with landlord insurance for over 25 years the simple answer is yes, cheap insurance is generally cheap for a reason. Obviously there are always price considerations but they should be more about deciding which risks you are happy to accept yourself as opposed to transferring the risk to someone else (via insurance).…[Read more]

I’m a little surprised that they classified this as Malicious Damage, it would generally be more likely classified as Deliberate/Intentional, or Accidental Damage, as the tenants “intent” was not to damage the property, their intent was to facilitate growing drugs. I have written numerous times on this subject, malicious damage is a very…[Read more]

I work with EBM, one of the leading privately owned insurance brokers in Australia. We have an exclusive product for commercial properties that should fit what you are after. Although we have done residential landlord insurance for over 25 years the commercial product is only very new and we haven’t done a full release of it as yet, but I can get…[Read more]