What is Landlord Insurance?
Benefits
Summary of expenses and circumstances covered under the policy. Please refer to the PDS for a full breakdown and details of cover.
Description
Coverage (up to)
For up to $1,250 weekly rent
Loss of Rent
52 weeks rent
Managing tenant risk is a key component of property ownership, and our landlord insurance provides protection to help mitigate financial loss in various tenant-related situations.
Tenant Default
12-26 weeks rent
Managing tenant risk is a key component of property ownership, and our landlord insurance provides protection to help mitigate financial loss in various tenant-related situations.
Loss, Damage & Theft
Sum Insured
Legal Expenses
$7,500
Fumigations Costs
$5,000
Tax Audit
$5,000
Locks & Keys
$1,000
Garbage Removal
$500
Re-letting Fees
Up to $500
Legal Liability Cover
$20,000,000
Legal liabilities can arise unexpectedly, which is why our policy offers up to $20 million in coverage to protect you against injury or property damage claims. If a tenant or visitor is injured on your property, this coverage helps with legal defence costs and any compensation that may be required.
Beyond personal injuries, we also cover damages caused by tenants or their guests, along with legal expenses of up to $7,500 if a tenant dispute escalates to court. This ensures that you won’t have to bear the financial burden of legal proceedings on your own.
Excess
The excess is the amount you must contribute towards a claim before the remaining approved costs can be paid.
Description
Excess
For up to $1,250 weekly rent