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Whats Covered?


 

 

 

 

 

 

 

 

 

 

  • Malicious Damage or Theft by the Tenants.
    Up to $25,000 with excess $500. (replacement value; up to 10 years)
  • Loss of Rents following the tenant vacating without giving the required notice
    Up to 6 weeks rent with excess $250.
  • Loss of Rents due to the eviction of a tenant for non-payment of Rent.
    Up to 12 weeks rent with excess $250.
  • Loss of Rents due to Prevention of Access.
    Up to 6 weeks rent with excess $250.
  • Legal Liability as a Landlord.
    Up to $1,000,000 for property damage with excess $250.
  • Premises left untenantable as a result of a claim under section1.
    Limit 52 weeks rent with excess $250

The maximum excess you will pay under any one claim is $500, even if you claim under more than one section. What's more, the bond remains the landlords!
THAT'S RIGHT, YOU GET TO KEEP YOUR BOND!

Properties not professionally managed will incur a higher excess.