Landlord Insurance

Insure your investment property and landlord's contents for insured events such as theft, fire⁴, storm⁴ and malicious damage

Get a quote Retrieve a quote

Insure your investment property and rental building with Landlord Insurance

You've worked hard to establish your investment property and the income it provides. That is why you might want to consider Landlord Insurance for your investment.

Save up to 10% on your first year’s premium when you quote and buy a new landlord policy online.^1,5

Pay by the month at no extra cost²

Up to 30% No Claim Bonus depending on your claims history^1,3

24/7 online claims notification

What does landlord insurance cover?

A residential investment property needs to be appropriately insured. Landlord insurance can give you the peace of mind and confidence that your property will be covered should something go wrong. Australian Unity Landlord Insurance covers the property and/or the contents you provide for your tenant’s use from loss or damage by insured events.

Landlord Buildings

Designed to cover the physical structures that make up your property, like the house itself, garage, sheds, permanently installed swimming pools and decks.

Understand your needs. The better you understand your policy, the easier it will be if you ever have to claim.

Features and benefits:

Cover for the unexpected. Australian Unity Landlord Insurance offers cover for your investment property for out of the ordinary but devastating events such as fire⁴, storm⁴ and burglary.
If you have buildings cover only, Allianz will pay up to the lesser of $10,000 or the remainder of the building sum insured after payment of the buildings claim, for certain landlords contents under this additional benefit.
Contents in the open air at the insured address - If you have contents cover, Australian Unity Landlord Insurance will cover your contents in the open air (that you own and that you have provided for your tenants use) which have been lost or damaged by an insured event covered by your policy, up to a maximum amount of $1,000.
Rental costs after an insured event - If your buildings are damaged by an insured event and can’t be lived in by your tenant, or access to or use of the buildings is not possible for at least 7 days after an insured event, your loss of rent on the buildings will be paid for up to 12 months if you have buildings cover or if your building is part of a strata title development and you have contents cover only.
Legal liability - Up to $20 million for payment of compensation relating to death, bodily injury or illness, and/or physical loss of or damage to property caused by an accident (or series of accidents).
24/7 claims assistance - When you need to make a claim, Allianz are there for you with 24 hour claims lodgement available online, or you can call the claims line to commence the claims process over the phone.
Australian Unity Landlord Insurance will pay up to 10% of the building and/or contents sum insured for removing debris from your insured address if your buildings are damaged or destroyed by an insured event..
Rebuilding and professional fees - If you have buildings cover and need to rebuild your buildings after total loss or damage, the insurer will help pay the reasonable costs of architects, engineers, surveyors and solicitors up to $5,000.

Optional covers:

Landlord workers’ compensation cover - Cover for the compensation amount you are liable to pay if you employ a domestic worker and they are injured while working for you at the insured address. Only available in ACT, WA and TAS
Rent default & theft by tenant
- Option to be covered for loss of rent due to specified rental defaults, up to $10,000 in total for all claims during the period of insurance.
- Cover for loss or damage to your insured buildings or contents caused by theft, burglary or housebreaking committed by your tenant or invitees of your tenant.

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View PDS

Landlord Contents

Designed to cover items at your property – including furniture, removable domestic appliances and white goods which belong to you as the landlord and that you have provided for the use of your tenant. It also covers your carpets and window furnishings.

Understand your needs. The better you understand your policy, the easier it will be if you ever have to claim.

Features and benefits:

Cover for the unexpected. Australian Unity Landlord Insurance offers cover for your investment property for out of the ordinary but devastating events such as fire⁴, storm⁴ and burglary.
Landlord Contents - Allianz will pay for repair or replacement of contents you own and provide for your tenant’s use as a result of an insured event.
Contents in the open air at the insured address - If you have contents cover, Australian Unity Landlord Insurance will cover your contents in the open air (that you own and that you have provided for your tenants use) which have been lost or damaged by an insured event covered by your policy, up to a maximum amount of $1,000.
Rental costs after an insured event - If your buildings are damaged by an insured event and can’t be lived in by your tenant, or access to or use of the buildings is not possible for at least 7 days after an insured event, your loss of rent on the buildings will be paid for up to 12 months if you have buildings cover or if your building is part of a strata title development and you have contents cover only.
Legal liability - Up to $20 million for payment of compensation relating to death, bodily injury or illness, and/or physical loss of or damage to property caused by an accident (or series of accidents). If you have contents cover only, it does not cover any legal liability you may incur as owner of the buildings unless the buildings are defined as a lot.
24/7 claims assistance - When you need to make a claim, Allianz are there for you with 24 hour claims lodgement available online, or you can call the claims line to commence the claims process over the phone.
Australian Unity Landlord Insurance will pay up to 10% of the building and/or contents sum insured for removing debris from your insured address if your buildings are damaged or destroyed by an insured event.
Rebuilding and professional fees - If you have buildings cover and need to rebuild your contents after total loss or damage, the insurer will help pay the reasonable costs of architects, engineers, surveyors and solicitors up to $5,000.

Optional covers:

Landlord workers’ compensation cover - Cover for the compensation amount you are liable to pay if you employ a domestic worker and they are injured while working for you at the insured address. Only available in ACT, WA and TAS
Rent default & theft by tenant
- Option to be covered for loss of rent due to specified rental defaults, up to $10,000 in total for all claims during the period of insurance.
- Cover for loss or damage to your insured buildings or contents caused by theft, burglary or housebreaking committed by your tenant or invitees of your tenant.

Get a quote
View PDS

This is a limited summary of the benefits of a landlord insurance policy. For full details of the standard terms, conditions, limits and exclusions that apply please read the Product Disclosure Statement (PDS), any applicable supplementary PDS before making a decision to purchase the insurance. The Landlord Buildings and Landlord Contents Key Fact Sheets (KFS) also sets out some information about the cover.

We do not provide advice based on any consideration of your objectives, financial situation or needs. Terms, conditions, limits and exclusions apply. Before making a decision please, refer to the Landlord Product Disclosure Statement (PDS) any applicable supplementary PDS and Landlord Buildings or Landlord Contents key fact sheets also available for reference.

Landlord Insurances calculators

The below calculators work as guides to help you estimate the replacement value of your home building and/or contents.

Home building replacement calculator

Avoid underinsurance & calculate the cost to replace your house.

Calculate

Contents replacement calculator

Calculate

Why choose Australian Unity?

180 years

We've been supporting the wellbeing of Australians since 1840.

Wellbeing experts

We've been measuring the wellbeing of Australians for 20 years.

Positive Impact

We invest in the products and services that matter most to our members, customers and the community.

How to make a claim

Understanding Landlord Insurance – FAQs

What do I do if I need to make a landlord insurance claim?

Do what you reasonably can to prevent any further loss, damage or liability. Tell the police as soon as reasonably possible about any malicious damage, theft, attempted theft, burglary or loss of insured property. Contact the Claims Call Centre on 1300 555 030 and advise the Claims Consultant of what has happened: the Claims Consultant will help you through the landlord insurance claims process. In order to be sure that you are covered under this policy you should always contact the insurer for approval before you incur expenses you wish to claim. If you do not, the insurer will pay for expenses incurred to the amount the insurer would have authorised had you asked the insurer first.

How do I know if I have optional covers on my policy?

You can apply to add these options to your policy when you start or renew it (or during your period of insurance by contacting Australian Unity Landlord Insurance on 1300 130 935. If you’re not sure whether you have added these cover options, you can check your policy schedule.

Who is Landlord insurance policy designed for?

This insurance policy has been designed for people who are renting their property out to tenants under a residential rental agreement.

Contents owned by you (or for which you are legally responsible) and provide for the use of the tenants may also be covered under the policy.

This policy is not suitable for covering the building or contents of the home you live in. In this regard, we offer a Home and Contents product that has been specifically designed for homeowners or renters.

For more information on Home and Contents insurance, please visit the product page.

How do I determine the replacement value of my buildings?

The replacement value of your buildings is not the same as the market value – you do not need to include the value of the land when calculating the buildings replacement value.

Get in touch

Email us

Have a question? Send us an email.

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Call on 1300 130 935

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About us

Established in 1840, we are Australia’s first wellbeing company.

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Important Information

Australian Unity Bank Limited ABN 30 087 652 079 AFSL 237994 arranges this insurance as agent for the insurer Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL No 234708 (Allianz). We do not provide any advice based on any consideration of your objectives, financial situation or needs. Therefore, you should consider whether the product is appropriate for you. Policy terms, conditions, limits and exclusions apply. Before making a decision, please consider the Product Disclosure Statement available from here. The Target Market Determination is available by calling 1300 090 954.

If you purchase this insurance, we receive a commission which is a percentage of your premium, up to 20%. Ask us for more details before we provide you with services. It’s important that you read our Financial Services Guide (FSG) before acting on any advice or taking out insurance through us. You can download the Australian Unity Bank Limited FSG here.

Disclaimers

¹ Minimum premiums may apply
Where discounts are applied, your premium is subject to rounding. If more than one discount applies, they’re applied in a predetermined order, so the later discounts apply to the amount already reduced by the earlier discounts instead of the total amount. Discounts do not apply to government taxes and charges.

Most discounts won’t apply below the minimum amount payable for the policy.

² If you choose to pay your premium by instalments you do not pay us any more than if you pay your premium in one lump sum annually. The premiums payable by instalments may be subject to minor adjustments (upwards or downwards) due to rounding. Note: Your financial institution may apply transaction fees to instalment payments

³ When you take out a new policy, we calculate your No Claims Bonus (NCB) based on your home or landlord (as applicable) insurance claims history. To qualify for the maximum No Claim Bonus of up to 30%, home insurance customers must have had no Building or Contents insurance claims in the preceding 5 years. Landlord customers must have had no Landlord insurance claims in the preceding 3 years. However, customers who have had claims may still qualify for a reduced No Claim Bonus. We won’t apply the full percentage of the No Claim Bonus if it results in you paying less than the minimum premium. The No Claim Bonus isn’t applied to the flood component of the premium (if covered), or Landlord workers’ compensation (if available and selected).

⁴ We may not provide cover for any loss of or damage to your property caused by cyclone, grassfires and bushfires, and certain other insured events during the first 72 hours after you first purchase a policy or increase your cover under an existing policy. Refer to the PDS for a full list of the insured events to which the 72 hour exclusion period applies and the relevant exceptions.

⁵ When you both quote and buy a new Landlord insurance policy online a premium discount of up to 10% is applied to your first year’s premium. This discount is not applied to Landlord workers’ compensation (if available and selected), or upon renewal. Minimum premiums may apply.

Landlord Insurance

Insure your investment property and landlord's contents for insured events such as theft, fire⁴, storm⁴ and malicious damage

Get a quote Retrieve a quote

Insure your investment property and rental building with Landlord Insurance

You've worked hard to establish your investment property and the income it provides. That is why you might want to consider Landlord Insurance for your investment.