With Competitive Insurance being a specialist in this area we are even able to do it cheaper than the normal “R.R.P”. This is achieved by using Finbar members large buying power with the insurers and our association with our valued business partners & insurers.
All of these covers highlighted below are included and it is a very quick and simple policy to set up at a cost of usually just a few hundred dollars.
Exclusive Finbar - Landlords Insurance
When renting out strata units often people think they can rely on the Strata (Building) Insurance to cover them. This is not the case however, a specialist Insurance policy does exist to cover you for these gaps in cover.
This cover is not just required if you lease out the property with some contents or furniture included. This is because this policy includes all of the following covers:
- Contents Including Furnishings, Carpets, Curtains, Fixtures & Fittings
- Public Liability claims against the property owner
- Loss of Rent due to Tenants Default and/or Tenants Early Departure
- Workers Compensation - for any contractors used such as for repairs or general up keep and maintenance.
Exclusive Finbar - Contents Insurance
Often when living in a Strata complex owners and tenants assume that Strata Insurance as part of their levies is all that they need.
For example, did you know that the carpet inside your unit is considered contents and is not part of the definition of Building in a Strata Insurance policy?
Whilst contents Insurance is an important aspect that should be considered this policy will also cover you for Liability claims against you as an owner resulting from claims of injury or property damage you may be responsible for. These claims can come from many directions including from neighbours and even invited guests to your home just to name a few.
As an added bonus the CHU contents policy also includes workers compensation cover for injury to any tradesmen, cleaners or other maintenance services that you may require.