Building insurance, landlord insurance

I'm new to landlord insurance and building insurance.

I got NRMA building insurance on my IP (worth 700k) right after auction 3 months back for about $100/month.

After some delayed settlement and general cleanup/fixing, the property was tenanted last week, and I additionally got NRMA building plus contents landlord insurance for $120/month. I got this in a hurry because I had forgotten all about it, and NRMA was the easiest since I already have multiple insurances with them. I usually buy insurance for a whole year, but this being new territory for me, went for monthly in case I have to cancel or change.

I now have both:
(i) building insurance for $100/month, and
(ii) building and contents landlord insurance for $120/month.

Am I partially double insured? How do I resolve this?

Thanks!!!
(ps: realised EBM, Terri Scheer are better recommended for LL insurance, and will switch to them later)

 

It sounds like you are double insured based on the prices, but we'd need to know the policies to be absolutely sure.

Definitely agree it's well worth getting quotes from the other Insurers mentioned.

 

Call them and ask.