Tenancy Claims Submission: SPEEDHOME Guide for Landlords

1) Tenant has a financial issue for this month and is unable to make any payment. Can the landlord proceed to make a claim?

In this situation, the landlord cannot file a claim for insurance. The landlord can only file a claim if the tenant runs away or abandons the tenancy. To solve the issue with the problematic tenant, SPEEDHOME will try to find a new tenant to replace the current tenant. If the tenant is still unable to settle the payment within the time given, the tenant will be considered breaching the contract. Once the tenant moves out from the unit, the landlord may submit claims to us with necessary supporting documents.

2) The TNB bills overdue are too high. Can the landlord ask the tenant to move out and claim from insurance?

This situation is considered a breach of the contract by the tenant. As a solution, SPEEDHOME will continue to keep chasing the tenant for payments. If this issue leads to the tenant moving out of the premise, the landlord may claim insurance for the outstanding bills.

3) When should the landlord submit the required documents for the claims?

Any documents required for claims should be emailed to SPEEDHOME within 2 weeks after the tenant moves out from the premise.

4) Can the landlord file a claim if the damages incurred are not caused by the tenant’s malicious act?

No. Only damages that are caused by the tenant’s malicious act are claimable under the policy.

5) Can I file a claim if the tenant painted the house and did not repaint the original colour before moving out?

No. It is not claimable under the policy. However, if the landlord repaints the house because it is necessary due to the wall’s damages, eg. soot fire/nailing/stickers cause the original paint peeled off, etc.), the policy will cover the cost of repair/touch-up & paintings of the damaged walls.

6) If the landlord wishes to give the tenant time to settle the payment at the end of the tenancy, how much time does the landlord has to submit the claim?

The landlord needs to submit a claim within one month after the expiry date of the tenancy or insurance policy. 

7) If there is any item or damages the landlord would like to claim, but it is not stated in the police report, can the landlord still claim for it?

No.  The landlord will need to revise the police report and include the additional item/damages.

8) What happens if the landlord is unable to lodge a police report within 3 days after the tenant moves out?

The landlord will need to inform us so that we can arrange with Allianz. This is only acceptable if there is a valid reason for the delay. 

9) Are the below scenarios claimable under the policy?

• Content stolen OR stolen theft by non-tenant (Household Content Section)

Yes, it is claimable under the policy. The coverage for Household Contents is under All Risks coverage, which covers unforeseen and sudden physical loss or damage from any cause, other than those expressly excluded. The claim will be payable if none of the policy exclusion is triggered.

• Structure damage due to theft by non-tenant (Inconvenience Benefit Section)

No, it is not claimable under the policy. The inconvenience benefit section of the policy covers (a) minor repair works; therefore, the Tenant runs away / abandons the tenancy, and the tenancy agreement is terminated during the period of insurance. Thus, structure damage due to theft by non-tenants does not fall within the policy coverage.

10) In the event of the tenant moving out due to loss of income can the landlord file a claim for loss of rental without a police report?

The loss of rental will respond if the tenant is “unemployed”. By looking at the circumstances provided, the claim is not payable. For unemployment, we suggested providing a letter by the employer to confirm the validity of the loss of income.

11) If the landlord can prove the ownership with the inventory list in the tenancy agreement, can this avoid the uncertainty to be applied for the case?

We have no doubt on the ownership of these items, but the landlord is required to provide the historical purchase invoice to confirm the spec & costing of the damaged items. Hence, if the landlord is unable to provide a historical receipt but lists the items in the inventory list, the uncertainty will still be applied.

12) Depreciation applies if the landlord wishes to replace the items. Does Allianz apply depreciation for repair items as well?

Depreciation would still apply if the repair would extend the life span of the subject matter. The percentage varies depending on the items.

13) Loss of Rental – If the tenant moves out from the unit and is unable to pay for rent due to mental health disorder, is this claimable under the policy?

Yes, it is claimable under the policy, as long as the tenant is able to furnish detailed medical reports from a licensed Medical Practitioner in order to verify whether she/he is permanently disabled. You may also find the definition of Total Permanent Disability under the policy shall mean,

14) What happens if my tenant burns down the house? Is it claimable under the policy?

Yes. It should be claimable under the policy if you can provide all the supporting documents requested. In addition, any damages caused by the tenant’s malicious act should be claimable under the policy, but it will be capped at the maximum limit of the insurance package coverage you have purchased.

15) Can I file claims if the tenant damaged all the kitchen cabinet, sink, entire toilet and flooring?

Yes. It is claimable under the policy if you can provide all the supporting documents requested. Any damages caused by the tenant’s malicious act should be claimable under the policy, but it will also limit up to the max amount on the insurance coverage.