Join Australia's most dynamic and respected property investment community

Landlord Insurance

Discussion in 'Legal Issues' started by JZ93, 1st Sep, 2016.

  1. JZ93

    JZ93 Well-Known Member

    Joined:
    29th Jan, 2016
    Posts:
    64
    Location:
    Melbourne
    Hi guys,

    Wondering if anyone can shed light on an issue with making a landlord insurance claim.

    So my tenants are late on a few weeks rent and fled the property. I undertand I'll be covered for loss of rent ect, that's no concern.
    But they haven't paid their first water bill and I received a letter from the council today stating that since the last bill, the daily water usage has tripled. Since that time there were numerous people not on the lease living in the property. My insurance provider says they don't cover that..

    So will this end up coming in as a loss to me in the end??
     
  2. Xenia

    Xenia Adelaide Property Manager Business Member

    Joined:
    21st Jun, 2015
    Posts:
    2,347
    Location:
    4/136 The Parade Norwood, South Australia
    Claim water invoice from bond
    Claim rent loss on landlord insurance
     
    Stoffo and Colin Rice like this.
  3. JZ93

    JZ93 Well-Known Member

    Joined:
    29th Jan, 2016
    Posts:
    64
    Location:
    Melbourne
    Awesome thanks for the reply! @Xenia

    As for the second bill, it won't come through for a couple of months so is there a way around that??
     
  4. Amanda

    Amanda New Member

    Joined:
    22nd Sep, 2016
    Posts:
    1
    Location:
    Hawkesbury
    Take the water meter reading, compare to last water reading and charge for water usage (use bond).
     
    JZ93 likes this.