Make sure your insurance cover is current and the amount of cover that you have is sufficient to rebuild the property in the event of another natural disaster.
With the requirement now for you to nominate the amount of cover make sure your calculation includes the rebuild cost plus the demolition cost as well as driveways and fences etc.
Also do not forget the GST component. Landlords should also ensure that you have a loss of rents cover to provide for your outgoings in the case of the property becoming un-tenantable.
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