Hi There.

Once upon a time a tenant had a frying pan of sizzling bacon and eggs and went next door to grab a tomato.The unattended pan caught fire and burnt the house down,the tenants were hauled over the coals and had to recover the loss.Here in Palmerston North there have been a couple of rental properties that have been burned down in recent weeks leaving the tenants facing serious financial stress.

To avoid this it is vital that tenants take out contents insurance sometime advertised as renters insurance if they are in a position to do so.It should be noted that the majority of renters are not even aware that they need contents insurance.It is the same concept as having car insurance[ third party]. Even if you share the flat/house you are libel for the damages,even if you did not cause the problem,so it is well worth investigating the cost of a contents policy shop around.

So if you can afford it get contents insurance as contents insurance usually offers extra protection.