Hey all,
Just about to settle on IP3.
Doing a bit of shopping round for insurances and wanting to know whom the majority of investors tie their insurances up with.
Currently all building through SGIO and LL Insurances with Terri Scheer however hearing a lot of bad press from Terri Scheer when it comes to actually paying out on a claim them having multiple outs tied up in legal jargon within their PDS that 'Joe not a lawyer' cannot decipher. I'm yet to have to claim yet but don't want to be kicked in the face when the day comes.
Anyone recommend a decent LL Insurance company that they have made a claim with and have been happy with the level of service and $$$$$ paid out on a claim?
I've made a couple of claims with YOUI of late – the first one caused some headaches….the second one was very smooth sailing.
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]
Thanks Jamie- was that for Landlords Insurance or straight building insurance?
From memory both claims were made under building insurance.
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]
We use a Specialist Broker and steer out clients that way.
Just had a case where the client had only owned the property for a matter of weeks when the Hot Water "blew up".
He contacted the Insurer direct and they say No it was covered yet we got wind of this sent it back to the Broker and "Heh Presto" claim honored and all paid for.
Clients often want to go the cheaper option but sometimes you do get what you paid for.
Cheers
Yours in Finance
Richard Taylor | Australia's leading private lender
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