Landlord – Secured

Landlord – Secured

17:50 14 September in Uncategorized
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AUTOPILOT - LANDLORD SECUREDWhen your house or property has been successfully rented out, you can get your property insured with Allianz Insurance up to RM 26,000. For room, you can get secured up to RM3700 with Allianz Insurance.

What is this insurance?

There’re two types of insurance. One for property/house, and another for room.

Property

This insurance protects your property up to RM26,000. The insurance covers loss of up to 2 months’ rental, inconvenience benefits, minor property damage, accidental property damage and theft.

Note: For house/property, insurance is only available for those who successfully transact through Speedrent with rental ranging from RM800 to RM5000.

For Room, insurance is only available for those who successfully transact through Speedrent with rental ranging RM300-RM1500.

What can I claim?

  • Loss of up to 2 months’ rental
    • If your tenant runs away and didn’t pay the rent, you can claim up to 2 months’ of rent. It will be transferred to your account within 3-7 working days.
  • Inconvenience benefits or minor property damage up to RM1,000
    • If the tenant moves out without paying the inconvenience benefits (e.g: utility bills), you can claim up to RM1,000. This can be claimed within 3-7 working days after submitting the report and informing Speedrent accordingly.
  • Accidental damages or Theft
    • You will be able to claim up to RM15,000
  • Letters of demand
    • Up to two letters of demand


Room

This insurance protects your property up to RM3700. The insurance covers loss of up to 2 months’ rental, damage to/theft of household content. cleaning charges/minor damages and two letters of demand.

Note: Insurance is only available for those who successfully transact through Speedrent with rental ranging from RM300 to RM1500.

What can I claim?

  • Loss of up to 2 months’ rental
    • If your tenant runs away and didn’t pay the rent, you can claim up to 2 months’ of rent. It will be transferred to your account within 3-7 working days.
  • Damage to/Theft of household content up to RM500
    • An example of this would be a broken chair in the tenant’s room.
  • Cleaning/Minor damages
    • You will be able to claim up to RM200
  • Letters of demand
    • Up to two letters of demand

Do submit a claim report within 2 weeks. After the 2-week period following the incident, the request will not be entertained.

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