Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Renting students should consider contents insurance

Renting students should consider contents insurance, says Insurance & Savings Ombudsman


A recent burglary in Hamilton highlights the need for students in flats to have contents insurance, says Insurance & Savings Ombudsman Karen Stevens.

A number of students had their laptops and other personal items stolen at the beginning of the academic year.

“As students are settling into new flats, insurance might be the last thing on their minds,” says Karen. “But doing something now could save a lot of stress later.”

“Your landlord’s insurance policy will not protect your personal belongings,” says Karen. “And, what’s more, you could be held liable for any damage that you or their guests cause to the landlord’s property.

“Many tenants are unaware of this risk. For example, if an accidental fire damages the landlord’s kitchen, you could be personally liable to pay up if you don’t have contents insurance.”

“It is wise for all tenants to have contents insurance, not just to protect their own belongings, but also to help protect against the risk of being held liable for damage to your landlord’s property.”

Individual insurance companies will have details on their policies.

Ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Auckland Transport Case: Men Guilty Of Corruption And Bribery Will Spend Time In Jail

Two men who were found guilty of corruption and bribery in a Serious Fraud Office (SFO) trial have been sentenced in the Auckland High Court today... The pair are guilty of corruption and bribery offences relating to more than $1 million of bribes which took place between 2005 and 2013 at Rodney District Council and Auckland Transport. More>>

ALSO:

Hager Raid: Westpac Wrong To Release Bank Records To Police

The Privacy Commissioner has censured Westpac Banking Corp for releasing without a court order more than 10 months of bank records belonging to the political activist and journalist Nicky Hager during a police investigation into leaked information published in Hager's 2014 pre-election book, 'Dirty Politics'. More>>

ALSO:

EARLIER:

Crown Accounts: Government Ekes Out Six-Month Surplus Of $9M

The New Zealand government eked out a tiny surplus in the first six months of the fiscal year as growth in domestic consumption lifted the goods and services tax take, while uncertainties over the Kaikoura earthquake costs meant expenses were less than expected. More>>

ALSO:

Almost 400 Jobs: Shock At Cadbury's Dunedin Factory Closure

Workers at Cadbury in Dunedin are reeling after learning this morning that the iconic Cadbury factory is to close, with the loss of almost 400 jobs... “The company had reported it was doing well and this has come out of the blue,” says Chas. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news