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Despite all our best intentions, accidents will happen, so it’s imperative that as a landlord, you take out public liability insurance before you put your investment property on the market.

Not all landlord protection policies are the same so check the wording carefully.

Ensure that you have adequate coverage for the following:

• Natural Disasters like storms, fire, flood, earthquake and tsunami
• Building coverage that covers structural aspects like gas, plumbing, fixed gas/electrical appliances, pipes, cables, fixtures, fittings, awnings, roofs, staircases and balconies
• Accidental damage caused by tenants, malicious damage, theft and loss of rent due to recalcitrant.
• Injury to tenants and third parties

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