CRM Brokers has arranged cover for Investment Properties nationally, as well as for Holiday Homes. Not only can the Insurance packages protect your property and contents against damage or loss, it can also cover rent default and the legal costs associated with pursuing tenants, as well as the loss of rent if the property is un-tenantable due to damage.
We source Landlords Insurance (which includes Holiday Homes & Units) at a competitive rate with some of the lowest excesses in the market. We can also offer you Mortgagee Protection Cover under our Landlords & Building Insurance, plus your choice of Excess to help manage your premium.
Landlord Insurance
We provide a specialised package cover for full-time tenant-related risks where the building is insured elsewhere. It covers:
- Building (Optional)
- Contents and fixtures & fittings
- Legal Liability including claims made by a tenant against you
- Rent loss due to the property being un-tenantable due to an event insured in your policy
- Deliberate damage by a tenant or their guests
- Default of rent by tenants
- Theft by tenants
- Legal expenses of pursuing tenants through the tribunal system, including eviction.
Build to Rent Insurance
Build to Rent Insurance is a specialised product from CHU designed for residential developments where all units are retained by a single owner and leased directly to tenants. These properties are not strata titled. It covers:
- Building and Contents (owned by the insured)
- Loss of Rent
- Legal Liability
- Catastrophe for increased building expenses due to a catastrophe as classified by the Insurance Council of Australia. (Optional Cover)
- Machinery Breakdown for damage, repairs or replacement to machinery and plant, including but not limited to lifts, pumps, elevators and more. (Optional Cover)
Build to Rent Insurance is issued by CHU Underwriting Agencies Pty Ltd ABN 18 001 580 070 (AFS Licence No: 243261) is an underwriting agency acting on behalf of the insurer: QBE Insurance (Australia) Limited ABN 78 003 191 035 (AFS Licence No: 239545).
Terms, conditions, limits, and exclusions apply. The information provided here is general advice only and has been prepared without taking into account your objectives, financial situation or needs. You should consider these, having regard to the appropriateness of this advice, and the Product Disclosure Statement, available by calling us on 1300 880 494, before deciding to acquire, or to continue to hold, this product.