EBM Insurance

Hi All,

Any feedback about EBM insurance (RentCoverUltra)? Ie, what they cover when it's time to make a claim, dealings with them etc?

 

There is a person here from ebm who can probably answer the questions more fully than any of us can.

 

Thanks! I have PMd him but am also after people's experiences

 

I use EBM but never claimed. Note that they don't have flood cover, could be an issue depending on where you buy.

 

I use them for all my props and have done a couple of claims recently - one a building claim from when a property was broken into and another a landlord claim for when a tenant broke lease.

They approve claims very quickly in my experience (provided you submit fully and accurately).

 

Claimed twice with EBM. They were an absolute pleasure to deal with on both occasions.

Half a year ago, the roof of a property was damaged in the Newcastle storm. They normally want to see two quotes but because we couldn't get tradies out for quotes for 2-3 weeks, they accepted the original quote and two weeks later the cheque arrived. Very happy with this.

Cheers,
Michael

 

You can take out just the rent cover part though. In Brisbane, we are using AAMI for landlord buildings cover (with flood cover), topped up with EBM Rent Cover.

 

Yes, you can but it is usually advised that Building and LL insurances be with the same provider to avoid any chance for finger-pointing when it's claim time.

 

I'd rather take my chances with that than have a house in Brisbane with no flood cover though.

 

Another happy customer following a small claim for storm damage this time last year.

 

I use EBM for my properties too, value for money!

 

Im looking at the Rentcover Platinum but this is only for cover of rent/tenant related. Would like building insurance aswell but cant aee the product

Pw

 

RentCoverPlatinum includes both the tenant-related features of RentCoverUltra as well as defined risks for the building. This is specifically what it is designed for. If you have any other questions feel free to let me know.

 

Okay so say if the building is broken into vandalised and burnt down (at no fault of the tenant) would this be covered under the platinum product?

 

Absolutely. If you look at RentCoverPlatinum on our website under "What is covered by RentCoverPlatinum?" you will see reference to "Damage & Theft (building)" and then "Defined Risks (fire and storm etc.)". This section covers rsisks that are covered under normal household policies that you have no control over, such as weather events, intruders, fires etc.