I have several properties that are strata titled and obviously only need landlord insurance (as building insurance is covered in the strata levy). I have just bought a freestanding house. I have taken out landlord building insurance and landlord insurance with Terri Scheer. It appears that loss of rent is covered in the building insurance up to the amount specified. Do I also need the landlord insurance? Have I doubled up?
Building and landlord Insurance
- Thread starter lila77
- Start date
Landlord's insurance generally covers other things, such as landlord's contents (carpets, light fittings, appliances etc not covered by the strata building insurance) and malicious damage by tenants, as well as legal liability.
Check the insurance schedule and PDS to see what is/isn't covered, or give them a ring to clarify.
Check the insurance schedule and PDS to see what is/isn't covered, or give them a ring to clarify.
