Sell with Confidence
Read More

Who will pay your rent when tenant’s wont?

By Siobhan Robinson

Providing a Landlord with peace of mind and protection is paramount! It is comforting to know that you can insure your rental income and be protected against risks such as loss of rent, malicious damage, accidental damage and legal liability. There are many policies available by different providers. 

However you need to make sure that you read the fine print. Here are some things to look out for – coverage may vary between policies: 

  1. Does the policy cover for death of a tenant, or if the tenant defaults whilst on a non-fixed term agreement? 

2. What are the excess amounts charged on each claim? 

3. If there are multiple items being claimed, is there a cap on how many excesses that can be charged with each total claim? 

4. Do they provide a multiple property discount? 

5. Can your claim be approved by the agent or does it have to be approved by an underwriter which can lengthen the claim time? 

For such a minimal tax deductible fee and often under the cost of one week’s rent, you cannot afford to be without it! 

Find out more by contacting your Property Manager or speaking to Peter Gow, our Principal at Ray White Carlingford.

Up to Date

Latest News

  • 2024 Rate My Agent Awards

    RateMyAgent – Australia’s leading review marketing platform for real estate agents and mortgage brokers – has announced Ray White Carlingford as the winner of the below 2024 Rate My Agent Awards: #1 Sales Agency in Carlingford #1 Property Management Agency in Carlingford TOP 100 Property Manager Agencies in AUSTRALIA – … Read more

    Read Full Post

  • Ray White Now – November

    Australian house prices expected to continue surging! The year is almost over but plenty is still happening in the market, so let’s dive into the 2023 November edition of Ray White Now to discuss the latest insights about price movements, listing activity and auction bidding. Price Movements: House price … Read more

    Read Full Post