Common Challenges In Landlord Insurance Claims A common challenge that is faced in claims under a landlord insurance policy arises from the failure of the insured to maintain proper records. Common situations we see are: The insured does not use a property manager. A landlord does not have to use...
What you need to know about landlord insurance If you’ve scrimped and saved in the hopes of achieving financial security through an investment property it makes sense to insure such a valuable asset. It’s no secret that Australians are among the most real-estate obsessed people in the...
The Importance of Professional Indemnity Construction industry professionals such as Contractors and Builders who provide design or other professional services in addition to or as part of their construction activities for clients, assume the additional responsibilities and liabilities of a design professional. Claims against Design &...
Catastrophic power surge to office block Case studies highlight the need for specific types of insurance policies. Together with Vero Insurance, we have highlighted one such claim related to a power surge. An electrical arc developed in the vertical busbar which traveled 8 floors of a 30...
Floating Floors In a strata scheme, the building in question may accommodate a wide variety of people who give their unit those individual touches. Curtains get hung, plants are arranged, rugs are unrolled and favourite appliances get plugged in. A little renovating may also come into...
Legal Concerns Over Proposed Strata Office Bearers Liability Exclusion Among the various proposed changes to strata laws currently being mooted in NSW, the recommendation to add an exclusion of personal liability clause has the potential to cause considerable confusion and ongoing difficulties for both office bearers...