By ‘malicious’ we mean something done deliberately to harm your property.
For example, if your tenant smashes holes in the wall after they’ve been given an eviction notice, that’s considered malicious and is covered.
We don’t mean accidents, reckless or negligent acts, which aren’t covered. Examples of these are:
- Your tenant never empties the bins causing bad smells and infestation.
- Your tenant accidentally spills a glass of wine and ruins the carpet.
- The children of your tenant put a hole in the wall while playing indoors.
This is a just summary. For full details check the PDS (Product Disclosure Statement). It’s dry, we know, but it’s essential reading.