Oh no, your tenant has run off! And what’s worse… outstanding bills because your tenant didn’t pay! Does the deposit even cover it all? Where can I report this? Can leasing get any worse?
Of course, if given the chance, most landlords would choose deposit. Why? Because deposits are tangible. They're there. They're usable, not fussy and hassle-free.
Allianz General Insurance Company (Malaysia) Berhad (Allianz General) has teamed up with Speedrent to offer homeowners peace of mind when renting out their homes. With Allianz General and Speedrent, homeowners are better protected from risks such as runaway tenants, tardy paymasters and damages. We are also featured on Allianz here!
Even if you're a seasoned veteran in the property rental industry, you should never underestimate how useful a property insurance can be. The amount of coverage when it comes to insurance associated with a rental property can be a lifesaver.