Property damage insurance claims surge
The frequency of property damage claims – both malicious and accidental – has surged by as much as 46 per cent in the past 12 months, according to a landlord insurance company.
“These figures challenge the stereotypes that exist in relation to rental property damage,” Terri Scheer Insurance manager Carolyn Majda said.
“There is a widely-held misconception that good tenants won’t cause damage. The figures show that this is far from true.”
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