Cover your rental property and its contents against a range of risks
If you own a rental property, you’re vulnerable to the same risks of any homeowner, such as storms, floods and fire. You’re also vulnerable to damage that tenants can cause to your property. If you can’t rent out your property while it’s being repaired or if your tenants break the lease or leave owing you rent, you could also lose valuable rental income.
That’s why it pays to have landlord insurance, which is designed especially to protect owners of investment properties.
Who should consider it?
If you’re one of the 2.6 million Australians who own an investment property, you should consider taking out landlord insurance to protect your investment and the income it provides. As well as long term leases, Landlord Insurance policies may also cover short term holiday rentals or holiday homes, such as approved Airbnb and Stayz residences.