Ten Pitfalls to Avoid when Insuring your Rental Property.
For More Information Visit SA Faughnans Landlord Insurance Page
Save time and hassle from the outset. Avoid the following frequent pitfalls property owners fall into when choosing their rental property insurance.
- Failing to contact an experienced Landlord Insurance Broker…check them out online
- Talking to a staff member who obviously knows nothing about Landlords or asks irrelevant questions
- Not disclosing ALL previous property insurance claims for the period requested
- Withholding flat roof or any non-standard construction detail
- Not disclosing any material facts likely to influence the Insurers’ decision
- Insuring with an unrated or even unknown Insurer
- Not being aware of your responsibilities in relation to fire protection in the property
- Disclosing incorrect descriptions of tenancy types or trades
- Not reporting an incident which is likely to give rise to an insurance claim
- Failing to pay or renew your policy on time
Insure your property with a Broker who has the experience of placing Investment Property risks on a daily basis and who knows the intricacies of being a Landlord and can advise you accordingly. Don’t be guided by price alone, have an experienced Landlord Broker behind you as well as quality insurance cover with a secure Insurer…you’ll be thankful when that first claim arrives..
For More Information Visit SA Faughnans Landlord Insurance Page
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