blog

Increase in insurance claims for ‘P Lab’ dwellings

3 News Article
http://www.3news.co.nz/Increase-in-insurance-claims-for-P-Lab-dwellings/tabid/309/articleID/198177/Default.aspx

Initio Comments:
These are certainly some alarming statistics. I agree that it is good to be proactive in identifying when your rental property may become the victim of drug manufacture; MethMinder certainly seems to be the best approach. It is important to note that not all dwelling insurance policies provide cover for drug related / illegal activities (ie P Labs). In light of this it is crucial that the landlord understands the extent of their existing insurance cover. Initio Rental Property Insurance provides comprehensive cover for this risk and it can all be done (and managed) online. Have a look for yourself.