If tragedy strikes and your property becomes uninhabitable, you would have to worry about the cost of rebuilding your property and replacing its contents. If you don’t have adequate cover in place, renting out a property could be a big risk. So many things can possibly happen that can cost you a lot of money. You might end up spending a considerable amount of money on damage repairs or reconstruction of your property. You can also lose your property and your possessions in the blink of an eye. Hence, you should always have a plan and prepare for the unexpected. Let Property Insurance give you peace of mind that your property will be covered if it gets damaged in the future.
Even if you scrutinize a tenant during an interview, you can never fully gauge a person’s character. You can still end up getting tenants who might do intentional or unintentional damage to your property. Apart from that, you can never predict if a tragedy will happen. Therefore, you should have buildings and contents insurance cover as a Landlord. So that, in the event of a storm, flood or other incident or accident, you won’t deplete all your savings. It also covers your property if the tenant causes malicious damage to property. It will also cover your property in case of gradual caving or sudden sinking of an area of your property. Let Property Insurance provides protection against most risks to property.
Premiums for this type of coverage are based on replacement cost values and not based on actual cash value. Therefore, it is important to speak to a qualified adviser who can help you choose the best cover for your property.
The following risks causes of loss are covered:
- Explosion, implosion
- Aircraft damage
- Riot, strike
- Impact damage
- Malicious damage
- Subsidence, landslide
- Bursting or overflowing of tanks
- Missile testing operations
- Bush fire
Storm, cyclone, typhoon, tempest, hurricane, tornado, flood & inundation.
Please check the terms and condition of your policy for what is covered and for the full details.
Our qualified adviser can help you choose the best cover that will suit your needs. Just simply click on the “Get a free quote” button below and we will be in touch with you.