Making Sure Your Real Estate Business is Properly Insured – with SureInsure
Australia is home to more than 46,000 real estate businesses. If yours is among them, you’ll know how tough working in and around the property industry can be.
At SureInsure, we understand the unique risks real estate businesses face. The right insurance cover can make it easier to weather the ups and downs and overcome challenges that could otherwise see the firm you’ve fought hard to establish and grow, go to the wall.
So, what insurance do real estate businesses need? Here’s the cover that SureInsure recommends to protect you from some of the most common business risks.
Table of Contents
The Basics: Property, Workplace Injuries and Public Liability
If you own a premises, building insurance is often a must. It’s there to help cover the cost of relocating your operations and repairing the damage, in the event of disaster.
SureInsure can arrange tailored property insurance to help cover the cost of replacing lost, stolen, or damaged equipment critical to your business.
Also essential: public liability and workers compensation insurance to help cover costs, should an employee or member of the public injure themselves while on your premises or out in the field. With SureInsure, you get tailored protection that fits your real estate operation.
Real Estate Professional Indemnity Insurance
At SureInsure we acknowledge Professional indemnity Insurance was traditionally reserved for professionals such as accountants, lawyers, and architects, professional indemnity insurance has become increasingly vital for real estate agents in today’s landscape.
A frequent professional indemnity claim faced by real estate agents involves tenants who suffer injuries at rental properties under the agency’s management. In such cases, it’s common for claims to be made against both the agency and the landlord.
Claims often arise from maintenance issues that tenants allege were not addressed in a timely manner.
For instance, a tenant might report an electrical fault, but as the managing agent, your ability to approve repairs can be limited—especially if the landlord is unwilling to cover the cost.
If a hazard is left unrepaired and someone is injured as a result, multiple parties involved in the property’s management may face legal action, including the agent overseeing the property.
SureInsure’s professional indemnity insurance can provide cover for such claims, provided your policy doesn’t specifically exclude personal injury and property damage.
Cyber Insurance – a Growing need for Real Estate Agencies
In 2025, cybercrime is a real and rising risk and local business owners of all stripes need to be on their guard.
The Australian Cyber Security Hotline received an average of 100 calls a day in the last financial year, according to the Australian Signals Directorate’s Annual Cyberthreat Report 2023–2024.
Real estate businesses are prime targets for cybercriminals. They store sensitive personal data – such as tenants’ ID and banking details – and handle high-value financial transactions.
Incidents and attacks can disrupt operations and cause reputational damage. In 2023–24, the average self-reported cost of a cybercrime incident was $49,600 for small businesses. Medium-sized businesses faced $62,800 on average, while large companies lost around $63,600.
SureInsure specialises in cyber insurance solutions for real estate agencies, providing comprehensive protection against financial loss, data breaches, ransomware attacks, and more.
Protect your Real Estate Business with SureInsure
Reviewing your business insurance will help determine whether you have the right type and level of cover in place.
SureInsure is a trusted general insurance brokerage in Australia, offering expert advice and customised insurance solutions for real estate professionals.
Want help understanding what’s included in your current policies or looking to switch to a broker that truly understands the real estate space? Get in touch with SureInsure today – we’re here to help your business grow with confidence.
