“I thought I had a comprehensive insurance policy! My tenants left having damaged the property and owing rent. The final bill was $23.000.00 and the policy did not pay out. I now have a Pro-Sure policy and have peace of mind as I am insured properly and adequately.”
“I purchased a landlords policy that I thought gave me full protection. However when I came to claim for loss of rent due to abandonment by the tenant, I discovered that my policy only covered loss of rents when there had been malicious damage to my property. The moral of my story is to make sure you read the policy details and understand the cover you are purchasing.”
The Pro-Sure Landlord’s products provide malicious damage cover.
This ranges from cover with a limit up to the replacement value of the property for Pro-Sure policies.
The Pro-Sure policies cover damage done by the tenant, their guests or invitees.
Some actual examples of costs that would have been covered by Pro-Sure
“I had a tenant who thought it would be funny to put quick-set concrete into my toilets and plumbing. ApparentlyÂ ‘malicious damage’ wasn’t covered by my policy. 60 % of the concrete floor had to be cut out to remove and replace the drains involved, all very costly and disruptive”.
“My tenant removed a load bearing wall and part of the roof caved in. The insurance company said we qualified for only $1,500 cover!”
“Out of control party guests did damage that I had to pay for, as my policy only covered tenants.”
If these landlords had our landlord cover, they would have been protected.