With Allianz, we secure you up to RM26,000. The insurance covers inconvenience benefits, minor property damage, theft of/damage to home content and cleaning charges (applicable to room rental only). You can get protected after successfully renting out your property with us.
A soft copy of the insurance policy will be sent to you through email within 30 working days after the start of the tenancy.
Insurance cost: (Last month’s rental + 6% SST) + RM 10 insurance stamping fee
Example: Rent: RM900
SST: 6% x RM900 = RM54
Rent + SST = RM 954
Total: RM 954 + RM10 = RM 964
House/property insurance is only available for those who successfully transact through SPEEDHOME with rental ranging from RM800 to RM5000.
Room rental insurance only applicable to those who successfully transact through SPEEDHOME from RM300 - RM1500.
The 6%SST and RM10 will be deducted from your 1st month’s rent.
ClaimsHow claims work
All claims require a police report and supporting documents. The requirements are as below:
Outstanding bills (e.g: TNB or Water Bills)
Receipt/invoice and pictures of dirty premise need to be provided.
Invoices/receipts/quotation for fixes along with pictures from different angles of the damages.
Theft and damage to household content
Invoices/receipts/quotation with pictures of damages/police report (theft).
Submit your claims report within 2 weeks of the incident. After the 2-week period, requests will not be entertained.What you can claim and the time required:
|What can I claim?||Time required|
|Loss of up to 2 months of rental||3 - 7 working days|
Up to RM1,000 for inconvenience benefits (i.e: utility bills) or minor property damageRoom:
Cleaning charges or minor property damage up to RM200
|3 - 7 working days|
Up to RM15,000 for accidental damage or theft in/from the propertyRoom:
Up to RM500 for theft of household content from the tenant’s room
|3 - 7 working days|
|Up to 2 letters of demand if the tenant doesn’t pay the rent||-|
Any consequential loss or damage of any kind will not be insured. They are only covered if the losses/damages are caused by your tenant.