InsuranceWednesday, June 25, 2008 Update your insurance We heard this week of a family who lost their house in a fire (believed to have started in a computer), only to find that they were substantially under insured. Losing your valued and personal possessions is bad enough, but to then find that your insurance will not cover the cost of re-building would be devastating. So, check with your insurer. If your house was destroyed or damaged, how much would they pay out? Is that sufficient to replace you home and possessions? Often, when paying insurance premiums, we feel that it is money wasted. We don’t get anything back for the annual payments we make. But, when you come to make a claim, you want to be sure that you have adequate cover. Take this as a reminder – check on your insurance today! Landlord Insurance While on the subject of insurance, those who have investment properties are encouraged to take out Landlord Insurance. While your managing agent will take every step to ensure the quality of your tenants, there are still times when things can go wrong. Partners split up, people lose jobs or are involved in car accidents, businesses get into trouble – there are a wide range of factors that can affect your tenant’s ability to pay rent and to properly maintain your property. Landlord Insurance is money well spent. If you’d like more information, speak to Kellie Bennetts at our office today on (03) 9394 9000.
|
Latest Newsmore ]
more ]
27 May 2008 |
