Landlord insurance is one of those things investors often donโt think about until they need it. This episode unpacks what landlord insurance actually covers (and what it doesnโt), why strata and building insurance arenโt enough and the biggest mistakes landlords make when it comes to claims. Glen is joined by Carolyn Parrella from Terri Scheer Insurance to chat about:
๐๐พ what landlord insurance covers vs strata and building insurance
๐๐ฟ common assumptions that leave landlords exposed
๐ the truth about wear and tear, poor living habits and pet damage
๐๐ผ what happens if a tenant dies or abandons the property
๐๐ฝ when to take out a policy to ensure you're covered
๐๐พ how claims are assessed and what delays payouts
๐๐ฟ the role of property managers in the claims process
๐๐ป tips for checking if your current policy gives you the right protection
This is a sponsored episode. Find out more at https://www.terrischeer.com.au/ and remember, before buying this insurance issued by Terri Scheer, read the PDS and TMD and consider whether it's right for you.
Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs.
SYMO Interactive Pty Ltd & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services licence 451289.
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