Landlords Insurance - Low Premium as a New Customer

Gotchas on 04/08/2021 - 20:40
Last edited 04/08/2021 - 20:40

Hi guys

Looking to avoid the old loyalty tax upon renewal

Was wondering if anyone would be kind enough to share promo codes or just a good pricing outcome upon getting a quote

Done half a dozen quotes already but coming up at least 50% more expensive from my current insurer which is budget direct

Thanks

Comments

jug123 on 04/08/2021 - 21:40

Landlord ins premiums have had massive hikes since covid hit. If youre looking for a new policy that covers loss for rent, good luck
- Gotchas on 04/08/2021 - 21:41
  
  No loss of rent needed
  - JimB on 05/08/2021 - 01:49
    
    Why's that?
witsa on 04/08/2021 - 23:37

+1

https://www.pi-plus.com.au/ seem good although you have to literally ring up to get a quote.

But it's a specialised property investment insurer like Terri Scheer and EBM etc.

Seems to be popular recommendation at propertychat.com.au which is a site full of self managed investors.
koplik8 on 09/08/2021 - 13:54

From experience MGA were excellent to deal with. I had three different tenants move out and not pay rent for the last four weeks. They all said take it out of the bond. Well I needed the bond for repairs. I put through a claim for loss of rent to MGA. They paid up every time. I think it was around $350 a year in Darwin.
https://mga.com/personal-landlords/