Landlord cover (sometimes referred to as Contents cover) includes the rental default, tenant damages, loss of rent & damage to the contents or fixtures & fittings of your property. This cover does not include building cover and is designed for apartments, townhouses & other properties that you are not responsible for insuring the building (E.G when it is insured under a strata policy). We recommend if your property is a standalone house, duplex, block of units or any property that you are responsible for insuring the building that you take out a combined building & landlord insurance policy.

Building cover includes cover for flood, storm, fire, impact & damage by other defined events as well as accidental & malicious damage to the building component of your property. If your property is a standalone house, duplex, block of units or any property that you are responsible for insuring the building it is strongly advised to have this cover. Your bank may also request a certificate of currency when settling your mortgage with their interest noted. A building insurance claim can also affect areas of your property that would be considered contents, this is why it is always recommended to have your building & landlord insurance with the same insurer.

Combined building & landlord policies are recommended for any standalone house or duplex being rented out to tenants. This policy includes both the covers detailed above together in the same policy providing cover for claims that include both building & contents damage. Cover for loss of rent will also extend if the property cannot be rented due to either tenant/contents damage or building damage.