Does ASB Home Insurance cover loss of rent should my property become unliveable for my tenant?
Last Updated: 20 Dec 2018
ASB Home Insurance covers you for loss of rent if your property is uninhabitable due to loss or damage covered by the policy, up to a maximum of $20,000 for up to 12 months.
The availability of insurance cover is subject to your application being approved. Terms, conditions and exclusions apply. For full details, refer to the Policy Document which is available from ASB Bank Limited. This insurance is underwritten by IAG New Zealand Limited (IAG). See further details about IAG’s financial strength rating.
Did this answer your question?
Related Answers
-
ASB Home Insurance offers cover up to the sum insured amount specified in the policy. This is the most common ...
-
There are a number of options to help you estimate what it could cost to rebuild your home; you decide ...
-
Special Features are items that may form part of the infrastructure around your home, but are not automatically covered under ...
-
ASB Home Insurance covers you for loss of rent if your property is uninhabitable due to loss or damage covered ...
-
Yes. ASB Insurance Managers spend every day helping ASB customers understand their protection needs and delivering tailored insurance solutions. An ...
-
If your property is tenanted, the standard excess is $550.
-
ASB offers a range of insurance products to suit different needs. An ASB Insurance Manager will help you identify and ...
-
Provided we already know your property is a rental, you don’t need to tell us if your tenant changes. There ...
-
Your health insurance premium is based on your age and other factors like your gender or whether you smoke. To ...
-
No. Your ASB Home policy covers your loss, so your tenants will need to have their own cover.
