I am trying to insure a free standing property based in Hills area in NSW for building and landlord.
EBM's quote is $1700 premium to insure the building for $450k as well as landlord. I didnt get much info on how well they cover damages and loss of rent. Their excess ranges between $400 to $200 depending on what you are claiming.
Terri Scheer's quote is $1410 to insure the building for $450k as well as landlord. Apparently they cover accidental damage and what not as well as loss of rent etc. They will extend their loss of rent if the tenant is served with a default notice. But specifically they said this particular cover is when the property is managed by an agent.
Any thoughts or experiences in terms of the better company?
EBM's quote is $1700 premium to insure the building for $450k as well as landlord. I didnt get much info on how well they cover damages and loss of rent. Their excess ranges between $400 to $200 depending on what you are claiming.
Terri Scheer's quote is $1410 to insure the building for $450k as well as landlord. Apparently they cover accidental damage and what not as well as loss of rent etc. They will extend their loss of rent if the tenant is served with a default notice. But specifically they said this particular cover is when the property is managed by an agent.
Any thoughts or experiences in terms of the better company?