Search Results for: Sharon Fox-Slater
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Elite Agent
Sharon Fox-Slater: what happens when a real estate business makes a cyber attack claim
Last month, I wrote an article for Elite Agent looking at the impact of cyber attacks on real estate businesses and how agents can ultimately safeguard themselves and their data with the right insurance.
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Elite Agent
Sharon Fox-Slater: Why your landlords need legal liability cover
I’m sure that when you and your clients are looking at landlord insurance you concentrate on a couple of key sections of the policy.
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BEST PRACTICE
Sharon Fox-Slater: why insurance premiums are rising
I’ll admit it’s not news anyone wants to hear. In fact, it’s possibly one of the last things that anyone already dealing with rising cost of living challenges wants to face, but the reality is that property insurance premiums are rising.
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EPM: Best Practice & Legislation
Sharon Fox-Slater: insurance insights for 2023
It’s fair to say the real estate and insurance industries have faced some turbulent times in recent years.
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THE ELEVATE PODCAST
When life happens: Sharon Fox-Slater on why landlord insurance is a must, the strangest claims made, and what to tell a client who says they don’t need insurance
As the head of EBM RentCover, Sharon Fox-Slater has seen it all when it comes to weird, wonderful and common landlord insurance claims.
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EPM: Best Practice & Legislation
Sharon Fox-Slater: beware the underinsurance trap
Under-insurance is rife across Australia but it’s often not until a natural disaster strikes that many landlords find out the hard way that their investment properties aren’t fully covered.
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CONTRIBUTORS
Sharon Fox-Slater: Explaining the sum insured to landlords
The sum insured – there’s a fair bit of confusion about just what this is and how to calculate it. However, when it comes to landlord insurance, nominating the correct sum insured is crucial. So just what is the sum insured? In a nutshell, the sum insured is the most an insurer will pay out for any one loss. In…
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EPM: Best Practice & Legislation
Sharon Fox-Slater: 12 landlord insurance misconceptions
As a property professional you know the value in your landlords having the right insurance cover to protect their investment. But, no doubt, you’ve come up against quite a few misconceptions about the cover and its value.
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NEWS
Sharon Fox-Slater: What to do before and after a flood
Severe flooding has devastated parts of south east Queensland and northern New South Wales. So how can PMs prepare properties and landlords?
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CONTRIBUTORS
Protecting your property from Mother Nature: Sharon Fox-Slater
Hotter, wetter, drier… as Australia’s environmental conditions change, the need to better protect investment properties crystallises. EBM RentCover Managing Director Sharon Fox-Slater says having the right insurance can protect landlords from the financial devastation Mother Nature can unleash. Natural disasters killed 10,400 people globally in 2018 and left millions more homeless. In the same year,…
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CONTRIBUTORS
Safeguard your legal liability: Sharon Fox-Slater
As a property manager, you are expected to reduce the risk associated with a landlord’s investment. But what about the risks you face? In an industry where legal liability claims are common, it is important property professionals safeguard themselves, writes EBM RentCover’s Sharon Fox-Slater.
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EPM: Best Practice & Legislation
Top tips for streamlining insurance claims: Sharon Fox-Slater
My client has suffered a loss (property damage or loss of rent). What is the first step I should take? First, ask yourself: is the loss even covered? If you don’t know, that is okay – landlord insurance is complex. If you are unsure, the best thing to do is chat with your insurer about the policy and find out…
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Brand Editorial
Now is the time for that annual insurance review: Sharon Fox-Slater
A new financial year has dawned and chances are you’re busy setting some fresh business goals while gathering all your paperwork for your tax agent. While reviewing the insurances on your RE business might not be at the top of your list, now just might be the best time to do so. Many small business owners take out insurance at…
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EPM: Industry News
If it’s not dinner, then what’s cooking? Sharon Fox-Slater
Australia’s expanding illicit drug problem is having an ever-increasing impact on investment property owners, with a growing number of rentals being contaminated by meth. Along with contamination come accusations – squarely levelled at the agent – about how it was allowed to happen. There’s a new headline every day, it seems, about the problem of meth in rental properties. Also…
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EPM: Best Practice & Legislation
Cover Yourself: Sharon Fox-Slater
No matter how diligent an agent you are, sometimes issues arise and you can find a tenant or landlord accusing you of failing in your duties. This is where Professional Indemnity (PI) insurance is a safety net, protecting you from financial loss following a claim of negligence against you by covering your legal defence costs and damages payable. PI cover is a…
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EPM: Best Practice & Legislation
Legal liability at Airbnbs: Sharon Fox-Slater
As we rocket towards the festive break, many landlords will be looking at tapping into the Airbnb juggernaut and offering their properties on shared accommodation platforms. But before they welcome guests, it’s imperative that the right landlord insurance is in place. In a heart-breaking incident, a four-year-old boy was killed at a property being rented out via Airbnb on the…
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EPM: Best Practice & Legislation
Spring open that little black book of tradies: Sharon Fox-Slater
As the weather heats up, a little seasonal TLC at investment properties may be on the cards. Sharon Fox-Slater says now is a great time to get out your little black book of tradies and arrange some springtime maintenance. Spring is traditionally when property owners give their homes a good clean and refresh. The arrival of warmer weather also heralds…
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EPM: Best Practice & Legislation
Preparing for bushfire season: Sharon Fox-Slater
Bushfire season has just begun, but already there have been devastating fires across New South Wales, in Queensland’s Far North, near Darwin and in Western Australia’s Kimberley region. And as spring moves into summer, many other parts of the country will also brace for fires. For agents managing rentals in bushfire-prone areas, it is time to make sure your landlord…
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EPM: Best Practice & Legislation
Going to the dogs: Sharon Fox-Slater
As new legislation in Victoria is set to see pets in rentals become the norm instead of the exception, Sharon Fox-Slater says the fear of damage might not be justified. With the Victorian Government tabling its ‘Fair Rent’ Bill in Parliament, the issue of pets in rentals is in the spotlight again. Amongst the 130 reforms, the proposed new legislation…
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EPM: Best Practice & Legislation
Fiddling on the roof: Sharon Fox-Slater
We are mid-way through winter and many parts of the country are getting windy and wet (although unfortunately not the right places right now!) When wild weather descends, roofs take a battering – and many come off second best. At RentCover around 55 per cent of all storm damage claims we receive relate to roofs. Last winter alone approximately $1.5…
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EPM: Best Practice & Legislation
Vacation rentals & insurance: Sharon Fox-Slater
For many landlords with property in cities and prime holiday locations, the lure of the short-stay accommodation market is strong. Some choose to rent their property to holidaymakers, others may look for a corporate lease. Some have their property available to rent all the time, and some switch, looking to cash in during peak season. Although the financial rewards can…
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EPM: Best Practice & Legislation
(Rental) House Rules: Sharon Fox-Slater
When it comes to Rental House Rules, rule number one is don’t DIY, cautions Sharon Fox-Slater. Seduced by the plummy tones of Laurence Llewelyn-Bowen (aka LLB) or the ocker Scottie Cam, the return of home renovation shows like House Rules and The Block is often a siren call to would-be DIYers. And while picking up the power tools at their…
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EPM: BD & Growth
MVP: Why An Insurance Broker Can Be A Great Asset To Your Business: Sharon Fox-Slater
“You don’t know what you don’t know.” It might sound like an off-hand statement, but it is really at the heart of why real estate professionals should partner with an insurance broker to help them protect their businesses. The risks facing real estate businesses are diverse and insurance can be complex, which is why engaging the services of a broker who…
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EPM: Best Practice & Legislation
A secure rental can mean a secure tenant: Sharon Fox-Slater
One in 40 Australian homes are burgled each year, sending a clear message to landlords and agents about the importance of security at rentals, says Sharon Fox-Slater. Home burglary is one of the most widespread crimes in Australia with more than 300,000 break-ins recorded each year, according to the Australian Institute of Criminology. This sobering statistic coincides with a number…
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EPM: Best Practice & Legislation
Sharon Fox-Slater: When weather goes bad
Seven cyclones – Hilda, Irma, Joyce, Kelvin, Linda, Marcus and Nora – have battered communities across northern Australia in the last four months. Add in storms and flooding in Northern Queensland and numerous bushfires devastating properties in southern Australia, including parts of the NSW Far South Coast and south-western Victoria in the last couple of weeks alone. It’s been an…
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EPM: Best Practice & Legislation
Disaster season and landlord insurance: Sharon Fox-Slater
Beaches, barbies, budgie-smugglers…and bushfires. The image of summertime in Australia may be one of sun-drenched beaches and swimming in warm water, carefree holidays and lazy days that culminate in spectacular sunsets, but sadly the reality does not always live up to that postcard image. The summer months are when our nation often bears the brunt of Mother Nature’s wrath. The…
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Brand Editorial
Sharon Fox-Slater: How Risky Is Your Business?
Cyber risks, public liability, management liability, strata and Director’s and Officers’ cover are just some of the insurances that any real estate business should likely be carrying, along with other covers like employment practices, motor vehicle cover, business travel insurance and workers’ compensation. Many agents have found, with increased risk around them, it really pays to talk to an experienced…
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CONTRIBUTORS
Sharon Fox Slater: Australia’s costliest disaster – one year on
It’s been just over a year since floods ravaged Queensland and New South Wales. The price in terms of human lives lost was incalculable. EBM RentCover Managing Director Sharon Fox-Slater reflects on the losses to homes and property, the impact on insurance and some lessons learned.
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CONTRIBUTORS
Sharon Fox Slater: under pressure – the impact of cost-of-living on landlords and tenants
It’s not nice to say, but between high inflation and rising interest rates, making ends meet is becoming an ever-burgeoning problem for many households.
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Elite Agent
What to do if a tenant dies: Sharon Fox Slater
EBM RentCover managing director Sharon Fox-Slater looks at what needs to happen when a tenant passes away from an insurance perspective.
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EPM: Best Practice & Legislation
Hidden costs that make up a sum insured
Sums insured are incredibly important when it comes to property insurances as getting it wrong can result in under-insurance and prove costly. But do you know just what needs to be considered when calculating a sum insured, asks EBM RentCover Managing Director Sharon Fox-Slater.
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INDUSTRY NEWS
The top 50 residential real estate influencers for 2023
There is rarely a dull day in real estate. From mergers and acquisitions, record sales and the AI boom, 2023 has once again been a year for the record books.
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NEWS
How the floods impact insurance: FAQs answered!
Floods – sadly, many Australians and their properties are bearing the brunt of Mother Nature. This means an influx of inquiries are hitting agents.
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