Being underinsured in a ‘total loss’ property claim can have dire financial consequences. Whether deliberate or not, about a quarter of property owners don’t insure their buildings for the correct replacement value. Might you be among them? It can be complex arriving at the correct figure, so this article will explain how you can settle on accurate […]
Commercial property insurance comes in a few guises. You may know it as commercial building or business property insurance. Common among those titles is that it’s for non-residential properties – factories, warehouses, shopping centres, and whole unit and apartment blocks. In short, it helps protect your commercial building or premises from damage or significant loss […]
Most people are aware inflation has been on the rise in recent months due to COVID-19 impacts. However, many are not aware of how significant the impact has been on the construction sector and what that means for their property insurance. As a result, the gap between what most people are insuring their properties for […]
About one in ten of us are landlords, compared with one in 15 about two decades ago. And, the latest Census shows about a third of Australian households (2.6 million, to be specific) rent. But, with the Australian government’s rental debt relief, eviction bans, rent freezes, and JobKeeper disappearing at the end of March, there was potential volatility […]
Has COVID-19 made you unsure about managing the risks of owning an investment property? This article will update you on what landlord insurance will and won’t cover in light of COVID-19. And, a forewarning, there are a lot of grey areas. Landlord insurance is shorthand for building, contents or rental cover, or a mix of […]
