The rental market is becoming an increasingly popular avenue for property investors and homeowners looking to make a little extra cash. It is important to understand that with the rapid growth in popularity of holiday rental services, like Airbnb and Stayz, comes a host of insurance concerns for property owners.
Further to our most recent correspondence in early March advising of significant changes to be implemented across the NSW scheme, we have received further communication from iCare Workers Insurance in relation to the transition of policy management functions.
What we know:
An exciting chapter for both Insurance House & Innovative Insurance Brokers.
Insurance House is pleased to announce the acquisition of the family-owned and operated business ‘Innovative Insurance Brokers‘ based in Wagga Wagga NSW, with effect from 31st March 2017.
The NSW Workers Compensation Scheme is in the midst of significant change throughout 2017. iCare (previously WorkCover NSW) are in the process of taking over all policy and premium management functions from the current scheme agents. This will be by way of a gradual transition throughout 2017.
Insurance companies sometimes get a bad rap for trying to weasel their way out of legitimate claims. We’ve allheard more than our fair share of stories about companies that have denied claims on technicalities, upholding the letter etc. This is not in the spirit of the contract.