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  1. #51
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    Mar 2007
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    Which will be the case for all Government owned HNZ tenancies.

  2. #52
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    May 2008
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    3,581

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    Quote Originally Posted by Wayne View Post
    If you choose not to insure then you tell them you aren't insured - end of story.
    Why not tell them you aren't insured?
    Regardless of whether you are or not.

  3. #53
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    Mar 2007
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    Auckland
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    Actually, when you think about it, the Government have rather shot themselves in the foot here.

    Post-Osaki up until now, HNZ tenants had unlimited liability for any accidental damage they caused.
    This was because the ruling was "the tenant is entitled to cover under the landlords insurance policy for any accidental damage caused that is covered by that policy".

    Thus we had the strange situation where a corporate lawyer renting a house in Paratai Drive from a private-sector landlord (who had insurance) had his liability eliminated while a solo mother of five renting a HNZ house and struggling along on a benefit had unlimited liability because the Government never insures any of its properties. Real 'Alice in Wonderland' stuff!

    Anyway, under the new rules, that solo mother presumably now has her risk reduced to just the four weeks rent limit. HNZ now has to pick up the tab for the rest.

  4. #54
    Join Date
    Sep 2004
    Location
    Hastings
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    14,879

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    Yeah, but liability for and paying for are poles apart - we all know that.

    I suspect HNZ (aka the hapless taxpayer) almost always paid for virtually all damage, in full.
    Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

  5. #55
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    May 2004
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    2,796

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    What about unit titled properties where the building envelope and common areas are insured but the interior of apartments may or may not be. I assume both would need to be reported to tenants. And if no landlord insurance for an individual apartment that caused a wider building issue? Tenant liable for all damage if they caused the issue? Or for max 4 weeks rent amount if there is landlord insurance. Either way would the BC insurance pay out?

    (That tragic London tower block, for example, where one apartment started the fire and the whole building was impacted.)

  6. #56
    Join Date
    Jun 2004
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    10,404

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    Quote Originally Posted by Bob Kane View Post
    Why not tell them you aren't insured?
    Regardless of whether you are or not.
    Because that would be lying and wrong!

  7. #57
    Join Date
    Aug 2003
    Posts
    7,638

    Default

    But if there's no come back on you whether the property is insured or not - why give your information to yet another third party who can share it with 'tenants'. It's none of their business how much 'your' property is insured for and all it will do is create more 'envy' and 'greedy landlords' mentality.

    I want to know 'why' the tenant is entitled to know how much the property is insured for - for what reason does sharing this information serve other than pi$$ them off?

    cheers,

    Donna
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  8. #58
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    Mar 2007
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    Auckland
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    Quote Originally Posted by donna View Post
    B . . . other than pi$$ them off?

    cheers,

    Donna
    Yup, you've nailed it in one.

    An angry tenants is an anti-landlord tenant - just what the powers-that-be want so they can get ongoing support for yet more anti-landlord legislation.

  9. #59
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    Jun 2004
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    Quote Originally Posted by donna View Post
    But if there's no come back on you whether the property is insured or not - why give your information to yet another third party who can share it with 'tenants'. It's none of their business how much 'your' property is insured for and all it will do is create more 'envy' and 'greedy landlords' mentality.

    I want to know 'why' the tenant is entitled to know how much the property is insured for - for what reason does sharing this information serve other than pi$$ them off?

    cheers,

    Donna
    For a start you have to tell the tenants because that is the law.
    I'm not sure you have to tell them how much the house is insured for - I thought you had to basically tell them what was insured and what the excess was.
    In an event the tenant would supposedly be up for the excess or 4 weeks rent (or was it the bond) which ever is less.
    I suspect that they would need to understand what the insurance company calls an event (and therefore what sucks up an excess).

  10. #60
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    Nov 2006
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    You are required to tell them the excess on the insurance and when the insurance is up for renewal. If they ask then they must be given a copy of the policy which can be downloaded from the insurance web site.

    Nowhere does the legislation say that you need to tell them the value of the insurance.


 

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