Best landlord’s insurance policy?

Hi Sophie,

I personally found CGU Insurance to be very reliable and honourable. They do stick to their words. I had absolutely no problem when I had to make a claim. Gone very smoothly. I wouldn't switch for a few dollars cheaper in premium. Their advisers do give out their own line number so you could call back that particular staff and continue the query, unlike many other corporates' call centres that accessible only via a national line and each time you call, you have to start from the beginning.

Jenny

Hi Sophie

I personally use and recommend to my clients the following and found the service excellent and very cost effective.

Greg Rowe

Rowe Landlord Services Pty Ltd

T/A Property Insurance Plus

M: 0450 922 234

Regards

Trish

I'm with NRMA.  I did a 5 week reno while our IP was under contract, one week after settlement (and one week after reno completed) a storm came through a made a water feature in our property.  Water entered through the damaged roof.   NRMA said we were negligent in our upkeep of the property (having owned it all of one week) and they said they would not cover the cost of the roof repairs or loss of rent as there was no tenant living there.

I forwarded them my building report that said there was nothing wrong with the roof, and I forwarded them our tenant application (as a tenant was to move in the following week) …. they didn't really care.  So I guess you can make up your own mind whether you want to go with that company.

Obviously I am on the lookout for a new policy, after nearly hyperventilating over the above experience, and I have heard that CBA have a decent policy, a bit dearer than the rest, but as yet I have not checked it out.

I was hoping Choice.com.au had done the comparison, but it hasn't.

Regards
Simone

We are with CBA for our IP's but HAVE NEVER CLAIMED. I'm sure I'll be on here eventually bagging or loving them. The policy seems to be cheap (not freakishly so) but covers all the main stuff. We are also with CBA for contents and cars. It'd be really great if someone could advise as to insurance brokers. Has anyone had a good run, saved money etc? Is is a better option to go through a broker or hunt your own insurance? I think though after so many votes for CGU I'll check it out.

D