Landlords count cost of tenants from hell
MORE landlords are being forced to claim on their insurance as the number of thefts rises and the value of the stolen property increases, a leading landlord insurer says.
Terri Scheer Insurance manager Carolyn Majda says theft claims handled by the company have jumped 42 per cent in the past year, with the average total increasing by almost 20 per cent. "This can be costly for landlords if they do not have adequate insurance to cover replacement costs," she says.


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