Landlord Insurance | Protect Your Property

Smart Insurance Solutions For Smart Landlords

As a landlord, your property is your pride and joy. However, it can be destroyed by natural disasters such as fire and floods, as well as unruly tenants. Whether you’re a residential property investor or a commercial shop lot owner, securing your rental property is the smart choice that can maximise its value.

With decades of experience and backed by a large insurance broker network, CIA can source and tailor the right insurance for landlords for any building type - ensuring they are properly protected.

What Is Landlord Insurance?

Landlord insurance is a type of cover that protects owners and investors who rent out commercial and residential properties. It covers a range of risks typically associated with property rentals, such as building and contents damage, landlord liability, and even a tenant’s failure to pay rent.
Without landlord insurance, property owners could lose their valuable investment if it’s damaged or destroyed. They could also lose income if they are unable to rent their property during repairs, or if a tenant decides to break their lease.
If you own a rental investment, be it an apartment, a retail store, or an industrial warehouse, having comprehensive landlord insurance is essential to protect your property.

What Does Landlord Insurance Cover?

Property and content
damage from tenants
and their visitors

Damage from natural disasters, such as
bushfires and floods

Cover for loss of rent
due to tenants breaking
lease or eviction

Coverage for malicious
damage caused by
tenants or visitors

Statistics To Consider

Water damage, including
leaks, was the most
common cause of claims
between 2016 and 2020

45% of landlord
insurance claims in
Australia are for
loss of rent

Only 55% of landlords
who self-manage
their property have
landlord insurance

2.2 million
Australians
own an
investment property

With Landlord Insurance

Fortunately, the couple had taken out landlord insurance which included a rent default option. They successfully claimed insurance to cover their repair costs, and just as importantly, their missing rent.
This allowed them to make their mortgage repayments and repair the property quickly for new tenants.

Without Landlord Insurance

Janet and Ross will have to use their savings to cover their repair costs. They will also face significant losses on their property income, as they are unable to bring in any more tenants during the repairs.

Don’t Leave Your Investment Property To Chance

Unwanted Incidents can happen, and it's important to have a safety net when it does. At CIA, we’ll ensure that you have the right cover for your unique investment. With a portfolio of over 2,000 policies under our belts, CIA protects both commercial and residential properties with tailored insurance that secures them.

Security is our priority. Besides finding the right insurance, we will advocate on your behalf when claims arise. Our team can also help you negotiate a better price for your policy and support you during a claims process, so you can run your property with peace of mind.

Why Choose Consolidated Insurance Agencies?

With a deep understanding of businesses across a range of industries, our brokers can effectively determine your company’s specific risk profile and tailor the right insurance policy - saving you valuable time researching and comparing cover options.

As part of the Steadfast network, our brokers have the power to negotiate better prices and policy terms for you. You can also gain access to exclusive Steadfast policy terms that offer broader and more comprehensive coverage. No matter your needs, we can ensure your risks are covered by arranging customised policy options. This means better business protection at competitive prices.

Enjoy the backing of Australia’s largest general insurance broker network, which manages more than 3.2 million policies for small to medium businesses. As part of the Steadfast network, CIA gives you access to policies across local and international markets - helping you find the coverage you need.