APIA Blog

Recent changes to the tenancy law have certainly put a whole new spin on the way landlords manage the risks associated with renting out residential properties. As the rental industry comes to terms with the full effects of these changes, experienced landlords and top-notch property managers are busy developing new best-practice models in order to continue growing their rent roll ...

The basic principles of property insurance are relatively simple. Let us say that there are 100 houses in a town, and looking back over many years we find each year one of those houses burns down and then must be rebuilt at the owner’s cost. So each owner faces a one-in-a-hundred chance of incurring that expense. Of course, at 1% those odds are reasonably good, but if you are unlucky ...