Property management in bustling hubs like Perth, Sydney, Melbourne, Brisbane, and Canberra involves unique risks due to varied tenant profiles, property demands, and environmental factors. These cities each present distinctive challenges—whether it’s increased tenant turnover, strict regulations, or the high cost of repairs, especially when dealing with natural events like flooding or fires.
In 2020, property managers across these cities faced challenges due to government restrictions on property inspections and a spike in tenant hardship. Such scenarios highlight the critical need for comprehensive Property Manager Insurance, as managers juggle tenant demands, property upkeep, and regulatory compliance.
This insurance serves as a safeguard, covering property damage, liability claims, and business interruptions, allowing property managers to focus on their primary responsibilities without constant worry.
In 2020, property managers across these cities faced challenges due to government restrictions on property inspections and a spike in tenant hardship. Such scenarios highlight the critical need for comprehensive Property Manager Insurance, as managers juggle tenant demands, property upkeep, and regulatory compliance
This insurance serves as a safeguard, covering property damage, liability claims, and business interruptions, allowing property managers to focus on their primary responsibilities without constant worry.
According to the Australian Property Institute, property managers handle significant responsibilities and face unique risks, making comprehensive insurance essential.
BAU Risk offers tailored insurance solutions for property managers in Perth, Sydney, Melbourne, Brisbane, and Canberra. Our insurance goes beyond coverage, as we actively work with clients to help mitigate risks, thus minimizing claims.
Property Manager Insurance covers several critical areas, including property insurance, which protects assets and equipment from damage or loss; public liability insurance, which covers third-party injury or property damage claims; and business interruption insurance, which provides financial support during periods when operations are disrupted. Additionally, professional indemnity insurance offers protection against claims of negligence or errors in professional services.
For businesses with staff, workers’ compensation insurance is essential to cover employee injuries sustained on the job. Management liability insurance safeguards the company and its executives from potential legal and financial repercussions.
For a personalized consultation or to request a quote, Request a Callback or Contact Us to learn how we can protect your property management business across Perth, Sydney, Melbourne, Brisbane, and Canberra.
Protects assets and equipment from damage or loss.
Covers third-party injury or property damage claims.
Provides financial support during periods when operations are disrupted.
Provides protection against claims of negligence or errors in professional services.
Covers medical expenses and lost wages for employees injured on the job.
Offers protection against claims related to management decisions and actions.
By investing in Property Manager Insurance, companies can ensure they are protected against various risks, allowing them to operate smoothly and efficiently.
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Keeping your business covered, so you can keep business as usual.
BAU Risk Services Pty Ltd is a Corporate Authorised Representative (CAR No. 001308013) of Apollo Risk Services Pty Ltd AFSL 403727 and provides General Insurance and Risk Management Services to their Australia wide clientele.