Insurance is a safety net, and it is always good to have a contingency plan for when unexpected events such as floods happen.
This is exactly why property owners need to get landlord insurance for their rental properties.
A key consideration when choosing a policy is exactly what it will cover – taking time to find this out should ensure it will meet all of your requirements. Various policies will cover different eventualities, so it is wise to double check what is included in your cover for your own peace of mind.
We recommend to our landlords to compare their current insurance policy against other brokers who specialize in Landlord Insurance.
Some suggested companies to check are: Cherry Lane Insurance, Terri Scheer, Ray White Concierge or speak to your insurance broker to ensure that your insurance is sufficient for your individual requirements.