Coronavirus & Landlord Insurance

Many insurers have stopped selling landlord insurance.

The ones that still are may have stopped offering loss of rent/tenant default cover options.

If you already have a cover with these options, be aware that the temporary freeze on rental evictions announced by the government, may impact your ability to claim.

If you have rental default insurance, you should be able to claim, if your tenant leaves your property without giving the due notice.

If you do have rent default cover and your tenant can’t pay because they have lost their job, contact your insurer as soon as you can to see if your policy can assist.

Some insurers are waiving the requirement to serve an eviction notice before benefits can be claimed.

See our other related articles:

How to deal with a drop in rental revenue: https://www.realrenta.com.au/blog/post/755

A hold on eviction for renters: https://www.realrenta.com.au/blog/post/751

Contact jason@realrenta.com if you need assistance with varying rental payments on your rental ledger.

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Jason Gwerder
Thursday, 23 April 2020

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