What is Landlord Insurance?
Like home insurance, landlord insurance can cover your rental property and its contents against risks like storms, floods and fire. It can also cover the damage that tenants can cause to your contents - and even loss of rental income.
Unlike some landlord policies, Landlord Insurance can cover holiday rentals and long term rentals.
Who should consider it?
Without landlord insurance, you could lose your valuable investment if it’s damaged or destroyed.
You could also lose income from rent if you’re unable to rent it out during repairs, or if your tenants get evicted or break the lease.
Did you know?
Australians own an investment property (CoreLogic, Profile of The Australian Residential Property Investor, 2016)
If damage means you cant rent your property for a while, Landlord Insurance can cover you for loss of rent.
A Landlord Insurance policy can include cover for accidental damage, theft and malicious damage by tenants - as well as loss of rent if they leave without paying.
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