Ep. 45 - Insuring Success: Fire Insurances for HMO's and SDA's in Western Australia

Help Shape The HMO Property Show! Tell us what you love, what you'd change, and what topics you want next. Take our quick survey here: https://wkf.ms/419QNLa Welcome back to an other enlightening episode where today we will be chatting with the lovely Karen Takken from MGA Insurances who will shed light on the critical aspects of Fire Insurances for Houses of Multiple Occupation (HMO's). As an investor, safeguarding your asset and tenants is paramount, and understanding the nuances of fire insurance in the context of HMO's is crucial to avoid what could be very costly mistakes. Karen and her team are seasoned experts in insurance matters and look after all our trusted clients. This episode will cover all you need to know when insuring your HMO. What type of insurance is available for a HMO or NDIS property Investor ? How does the number of tenants or occupants in an HMO or co-living property impact insurance coverage? Are there any specific regulations or requirements regarding insurance for HMO and co-living properties in Australia? What are the safety upgrades required for the HMO and/or NDIS insurance policies? Tune in to safeguard your future as a property investor. Enjoy! Get in touch with Karen via Email: [email protected] For more information, visit For those that prefer to watch you can also catch us on YouTube. Want help with your investment strategy? Reach out to us for a free, no-obligation initial chat with our team and see how we can help you with your investment journey. Book Now Join the Perth HMO and NDIS High Cashflow Investment Properties Facebook Group.   The HMO Property CoWebsite: www.thehmopropertyco.com Instagram: @the_hmo_property_co FaceBook: The HMO Property Co LinkedIn: The HMO Property Co YouTube: The HMO Property Co TikTok: thehmopropertyco_ Spotify: The HMO Property Show Apple Podcast: The HMO Property Show JNG Property Group - https://www.jngpropertygroup.com/ Disclaimer Nothing on this channel should be considered tax, financial, investment or any kind of advice. Everyone should do their own due diligence as only a professional diagnosis of your specific situation can determine which strategies are right for your situation. Our goal is to frequently feature edgy and actionable value, thought leadership and property/investment strategies.