It is up to a landlord to insure their rental property against any damage. That insurance will usually be for the benefit of the landlord only. A tenant should arrange insurance to protect their contents and liability for damage to the landlord’s property.
Most insurers require landlords to prove they have conducted a thorough tenancy selection process and have conducted regular property inspections before honouring damage claims. Check exactly what it is covered by your policy, and also check claim requirements. Some insurers offer special landlord insurance cover that includes issues to do with the tenancy (e.g., vacancy periods, damage by the tenant, etc). You may also choose to insure any chattels in the property that you own and that are listed in the tenancy agreement. Any damage to them will not be covered by the tenant’s contents insurance.
Landlord tip of the month. If you would like to share a Landlord tip we would love to hear from you at email@example.com . We are looking for short sharp 1 or 2 paragraph tips which will help us all. If we use your tip in a newsletter there will be a small gift in the mail in appreciation for your effort. :-)
Hopefully lots of the references you lodge on TINZ are for great tenants. Next time you may wish to print off a copy and give it to your departing tenant. They can use it as a valid reference when next applying for a rental. Don't forget to upload your photos. TINZ offers a credit when you upload a photo after you do searches. There is an easy upload button on the results page. If everyone uploads their photos then searches will produce more photos and better identification of prospective tenants.
TINZ members....TINZ has always had lots of word of mouth referrals. Now we would like to say thanks and reward you for the next time you >>Refer a Friend
Free for Bulk Uploading available rentals from your software to HousesToRent.co.nz. Our facebook advertising is now in front of well over 100,000 kiwis every week. Tips for bulk uploading from software >>here
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Articles of Interest
Rental Property WOF not needed
The NZ Property Investors’ Federation is a strong supporter of insulating rental properties, but is against suggestions to introduce a Warrant of Fitness for rental property... >>read more<<
Civil Fees review for Public Consultation
The Ministry of Justice is proposing to put up the order for examination fees from $108.80 to $180 per application ….. and that won't include a bailiff serving it which was free. They are proposing to charge you $50 per service and if the debtor moves and you have to provide them with a new address they will charge you $50 for accepting each new address. >>read more<<
We are always happy to hear from you and assist in any way we can.