Insurance for Landlord Protection

Residential Rentals offer a rental property insurance protection plan. It has been designed for discerning landlords wishing to secure their income from residential property rentals. It also protects their rental property against malicious damage by tenants which is usually excluded from standard insurance policies.

"What Can I Claim On And How Much Can I Claim?"

  • Loss or damage to the property or contents caused by malicious damage or theft by the tenant.
  • Loss of up to 6-weeks rent following the tenant vacation without giving the required notice.
  • Loss of up to 12-weeks rent following following eviction for non-payment of rent.
  • Loss of rent due to prevention of access, or failure of public utilities.
  • Legal liability as landlord for property damage or personal injury.
  • Premises left untenantable as a result of a claim.  

"What Residential Rentals Need To Do?"

  • Select tenants carefully and obtain a satisfactory reference.
  • Collect at least 3-weeks bond and  2-weeks rent in advance.
  • Complete property inspections at least 3 to 6-monthly, and keep records of those.
  • Send a letter to tenant/s when rent is 14-days in arrears and visit the property.
  • Make application to the Tenancy Tribunal for vacant possession at 21-days in arrears, (in accordance with the Residential Tenancies Act).

"What Do I As The Landlord Need To Do To Be Eligible?" 

  • Have a current House Insurance Policy (and contents insurance where applicable) covering the property insured.

                          Complete the following details if you wish to take out our Landlord Insurance or request more information:

Landlord Protection Insurance
 

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DISCLAIMER: This is a summary only. Residential Rentals Limited has made every effort to ensure that the content of this page is accurate, the information is provided 'as is' and Residential Rentals Limited makes no representations or warranties in relation to the accuracy or completeness of the information found on it.  While the content of this page is provided in good faith, we do not warrant that the information will be kept up to date, be true and not misleading.

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