EBM vs Terri Scheer

Discussion in 'Property Management' started by kimba88, 6th Oct, 2015.

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EBM or Terri Scheer

  1. EBM

    50.7%
  2. Terri Scheer

    49.3%
  1. Catalyst

    Catalyst Well-Known Member

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    By the way, @brettc , I just checked Product Review website for EBM reviews. The ratings are abysmal: 1.3 out of 13 reviews.

    Had to come into PC forum to check if I'm making the right decision to renew my LL insurance with your team. Haha.
     
  2. Catalyst

    Catalyst Well-Known Member

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    Terri Scheer fared slightly better on Product Review: 1.8 out of 62 reviews
     
  3. KateSydney

    KateSydney Well-Known Member

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    I always have the impression that productreview is usually used by people who, for whatever reason, are really angry. They go there to let off steam
    I did it myself to my internet provider when I was really cranky with them! Not saying it's not a useful site - I check there often myself before making a purchase. But I read the reviews carefully and take many of them with a pinch of salt! That being said, sometimes it can tell you something useful about a company. I work in the insurance business myself, and if you believe what people say on our company's facebook page, you'd never consider insuring with us. Some people just have vendettas.Which is why a lot of insurance companies don't allow the public to post on their facebook page!
     
  4. Otie

    Otie Well-Known Member

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    Most of you are probably aware, however TS offer a multi policy discount. Mine worked out at $29 per policy. Saved myself $100 (in total) by making a phone call. I thought Id previously had the discount but it had only been for my 3rd policy, not the other two.
     
  5. brettc

    brettc Well-Known Member Business Plus Member

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    Yep for sure. Simply call 1800 661 662 or email customer service at [email protected] and they should be able to email you a copy. Any problems let me know.
     
    Catalyst likes this.
  6. D.T.

    D.T. Specialist Property Manager Business Member

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    Doing 2 TS claims at the moment and both are very frustrating. Take forever to get back to you - then when they do its to ask for more info on something, provide it, 7-10 days later get a reply saying they'll look at it in 7-10 days.

    Stark contrast with EBM we have an online portal where we upload all the documents and they send us a cheque back within a few days.

    Please consider your property managers sanity when choosing an insurer.
     
    Catalyst, Michael Mitchell and Angel like this.
  7. giraffez

    giraffez Well-Known Member

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    @brettc , did EBM get brought out by Suncorp? When I type in EBM landlord insurance in google, that’s the first hit. The pds seems different to the one you have a link to in your signature
     
  8. Joseph Skewes

    Joseph Skewes Well-Known Member

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    That was probably an ad...

    upload_2019-1-11_8-2-2.png
     
    Michael Mitchell likes this.
  9. D.T.

    D.T. Specialist Property Manager Business Member

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    Michael Mitchell likes this.
  10. Beelzebub

    Beelzebub Well-Known Member

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    It would be great if they both provided an option to pay monthly.
     
  11. The Y-man

    The Y-man Moderator Staff Member

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    Just buy 12 IPs, one in each month. Problem solved.... :D

    The Y-man
     
    splatters, luckyone and Beelzebub like this.
  12. giraffez

    giraffez Well-Known Member

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    Oh haha . Sorry that must be it
     
  13. TSK

    TSK Well-Known Member

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    Nice mark up tool - what's the tool?
     
  14. Davothegreat

    Davothegreat Well-Known Member

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    According to one of my PMs, EBM has been rejecting a lot of claims lately that other insurers typically accept. This was mentioned after we had a claim rejected recently by EBM where a shower had leaked and they wouldn't cover the repair to the wall behind the shower that water had damaged, citing the shower was too old. I've never encountered this before, particularly with water related damage and it's not like we were asking for them to cover the shower repair itself. When the original main galvanised water pipe in the roof rusted through and damaged the kitchen and dining room ceilings, there was no issue with the insurance - Allianz was the insurer then and they were fine to deal with. I moved the policy to EBM to save money but I might have to rethink that decision.
     
  15. Joseph Skewes

    Joseph Skewes Well-Known Member

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  16. brettc

    brettc Well-Known Member Business Plus Member

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    I guess this has been answered, but no, EBM remains privately owned, definitely not by one of the big insurers. You will most likely find that those companies are using "EBM landlord insurance" as an included search term in their online advertising so that they show up when someone is looking for us.
     
    giraffez likes this.
  17. Peppas

    Peppas Well-Known Member

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    Is there any multi policy discount with EBM at all? Thanks :)
     
  18. dabbler

    dabbler Well-Known Member

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    I have one insurer like this, it becomes an accounting nightmare, pay one a month, or week or whatever, or pay multiple before EOFY is prob easier, or if doing monthly, get PMs to do it, but I could see that being messy if you have a few places.
     
  19. dabbler

    dabbler Well-Known Member

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    Yeah.
     
  20. dabbler

    dabbler Well-Known Member

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    Yeah, and were going to go and try wollies with diff sp. :eek::rolleyes::rolleyes: