To cut a long story short:
I purchased IP in May in Brisbane.... had insurance locked in with Suncorp and gave then details. I said there would be a property manager managing the house because this was my intentions once settlement finished.
However, the vendor asked to rent the house off me while they finished building theirs for 3 - 6 months. I agreed to this but due to carelessness did not change my insurance to reflect this (and also because I thought it would not metter??)
Anyway, now I have received notification that the cooker blew up and may need fixed by an electrician or even a new one altogether!! TYPICAL...
Anyway, do you guys think the insurance company will still pay for this? They do not check if PM do they?? Or shall I contact Sumcorp and change the insurance policy (I dont suppose it will cost extra will it??) and then organise the repair after I contact the insurance company??
Or shall I just pay for it myself and include it as a deduction because it may not be insured anyways - However I beleive it should be??
Cheers guy
Ritchie
I purchased IP in May in Brisbane.... had insurance locked in with Suncorp and gave then details. I said there would be a property manager managing the house because this was my intentions once settlement finished.
However, the vendor asked to rent the house off me while they finished building theirs for 3 - 6 months. I agreed to this but due to carelessness did not change my insurance to reflect this (and also because I thought it would not metter??)
Anyway, now I have received notification that the cooker blew up and may need fixed by an electrician or even a new one altogether!! TYPICAL...
Anyway, do you guys think the insurance company will still pay for this? They do not check if PM do they?? Or shall I contact Sumcorp and change the insurance policy (I dont suppose it will cost extra will it??) and then organise the repair after I contact the insurance company??
Or shall I just pay for it myself and include it as a deduction because it may not be insured anyways - However I beleive it should be??
Cheers guy
Ritchie