I recently purchased my first investment property and before I've had a chance to let it or have a tenant moved in, someone broken into it, they jimmied the side door to the garage and somehow managed to move it out of its frame and now I need to replace the door and frame, they didn't destroy or steal anything else (probably some stupid kids). The quote my property manager got is for $1977, it seems excessive to me but I'm not sure prices of doors cost so I called my insurance to make a claim, apparently they have to add an additional $250 for my claim because it's an investment property so now my excess is $1000. Has anyone ever had to make a claim on an empty house? Is the $250 still valid if the property is empty?
My insurer is Vero through ANZ, this is what it says on their policy:
If the home is let to tenants other than you an additional excess of $250 applies.
Can anyone offer any insight?
My insurer is Vero through ANZ, this is what it says on their policy:
If the home is let to tenants other than you an additional excess of $250 applies.
Can anyone offer any insight?
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