just curious, for all intent and purposes do you or the insurnace company classify the claim date of a claim for a landlord to be a) the day the tenant goes into arrears b) the day the tenant is 14/21 days in arrears c) the day the tenant leaves/vacates/abandons d) the day you get the invoices for all the repairs/etc and hypothetically , if your insurance lapses on dec 31 and you dont renew and if any of the a b c d occur before dec 31, does it matter?
If you intend to make a claim don't let your insurance lapse. Cancel it the day after you get paid by eft.
I'm going through this now with a new tenant..First item the insurance will ask for is a copy of the lease ,then the bond number ,and how many weeks in arrears ect,then they transfer me to someone higher up then put you on hold for 27--minutes then hang up..
