Hi folks, Got my first IP, finally! Yay So many questions but one of the first things I need to do is get insurance. Is it a good idea to get landlord insurance at the same time as building insurance? The additional premium quoted by Terri Scheer was about $200 when I added landlord component. The cover amount $60,000. The house is not tenanted at the moment. What about excess? What amount do you guys opt for? $250 was the lowest choice. Thanks!