Investment property.
Hail damage to roof.
Can I claim excess I have to pay on the landlord insurance policy?
5,756 views
5,756 views2 replies
2 replies
5,756 views
2 replies
This thread is archived and the information may not be up-to-date. You can't reply to this thread.
Hello @Edward43
Yes, this is a claimable expense as it falls under the category of repairs and maintenance.
All replies
Hello @Edward43
Yes, this is a claimable expense as it falls under the category of repairs and maintenance.
The money received from the insurance company is treated as income. When the roof is repaired the amount/cost of repairs is expensed.
If insurance pays for repairs directly - Income = insurance payment - expense = insurance payment plus any other costs (excess etc).
Featured articles
15 Apr 2026 · 4 min read time
15 Apr 2026 · 8 min read time