Between 65-75 per cent per cent of all of EBM RentCover’s insured event claims are for storm, flood or liquid damage each year and overall, water damage claims account for around 30 per cent of all claims.
In fact, the top non-tenant related claims EBM RentCover receives are for liquid damage (think pipes bursting, baths overflowing, roofs leaking and sewerage discharging). And, storm damage is our most claimed insured event.
While some landlords think they are protected for all types of water damage, the reality is that there are some reasons it may not be covered. At EBM RentCover, we split water damage into two main areas – liquid damage, and storm damage. We break it down for you…
To read the full article published on rentcover.com.au, click here