Landlord Insurance.
Compare Quotes from Top Australian Insurers with Sureinsure
Owning a rental property is a smart investment — but it also comes with risks. From tenant damage to rent loss or unexpected storms, anything can affect your rental income. That's where Landlord Insurance steps in.
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At Sureinsure, we help Australian landlords compare quotes from trusted insurers — so you can find the right cover at the best price without the hassle. With access to multiple top-rated insurers, we make it easy to understand what each policy includes — and what it doesn't. Whether you own a single apartment or multiple investment properties, our advisors help you choose cover that fits your needs, budget, and location. We take the guesswork out of protecting your rental income, so you can focus on growing your investment confidently.
What Is Landlord Insurance?
Landlord Insurance is designed to protect property owners who rent out their homes, apartments, or units. Unlike standard home insurance, it covers rental-related risks, such as:
- Damage caused by tenants or their guests
- Theft by tenants
- Malicious damage by tenants
- Loss of rent if your tenant defaults or the property becomes unlivable
- Legal liability if someone is injured on your property
Example:
"If your tenant accidentally causes a kitchen fire and the property needs repairs, your landlord insurance can cover the repair costs and compensate for lost rent while the property is being fixed."
It's a simple yet vital way to safeguard your investment and keep your rental income secure — no matter what happens.
It’s a simple yet vital way to safeguard your investment and keep your rental income secure — no matter what happens. In Australia’s unpredictable climate, even minor incidents like water leaks, storms, or accidental damage can lead to major expenses. With landlord insurance, you’re not just protecting your property, you’re protecting your long-term financial stability and peace of mind.
What Does Landlord Insurance Cover?
Every insurer offers slightly different options, but most policies are designed to protect you from the most common and costly risks of renting out a property in Australia.
Building Cover
Protects the physical structure of your property — walls, roof, built-in wardrobes, kitchen fittings, and more — from damage caused by fire, storms, flood, or vandalism.
Example: If a severe storm damages your roof or a tenant accidentally breaks a built-in fixture, this cover helps pay for the repairs
Contents Cover
If you rent out a furnished or semi-furnished property, this cover protects the items you provide — carpets, curtains, light fittings, and appliances.
Example: If a burst pipe damages the carpet or a tenant breaks a provided washing machine, you can claim for repair or replacement.
Rent Default
If your tenant suddenly stops paying rent or leaves before the lease ends, this cover helps recover lost income.
Example: Your tenant moves out without notice and owes three weeks’ rent — this cover compensates you for that unpaid amount (subject to policy terms).
Loss of Rent
Covers your rental income if your property becomes uninhabitable due to an insured event — like a fire, flood, or severe storm — and tenants can’t stay there.
Example: After a kitchen fire, your tenants move out for repairs lasting a month. This cover replaces your rental income during that period.
Public Liability
Protects you against legal costs and compensation claims if a tenant, visitor, or tradesperson is injured on your property — and you’re found legally responsible.
Example: A tenant slips on a broken tile in the bathroom and suffers an injury. This cover helps with medical and legal expenses.
Why This Matters
Unexpected events can happen anytime and even one repair bill or unpaid rent can impact your investment returns.
With the right landlord insurance, you can keep your property protected, income steady, and stress low — while Sureinsure helps you find the most competitive policy tailored to your needs.
Optional Add-Ons You Can Consider
- Malicious or Accidental Damage by Tenants – Covers intentional or accidental property damage, including theft or vandalism caused by tenants.
- Flood or Storm Surge Cover – Extra protection for flood-prone areas.
- Legal Expenses – Covers the cost of pursuing unpaid rent or property disputes.
- Landlord Contents in Shared or Common Areas — Ideal for apartments or multi-unit buildings.
Landlord Insurance vs Home Insurance
Many landlords assume their home insurance covers rental properties — but it usually doesn't.
| Feature | Home Insurance | Landlord Insurance |
|---|---|---|
| Covers rental income loss | ||
| Tenant-caused damage | ||
| Public liability for tenants | ||
| Rent default cover |
If your property is being rented out, landlord insurance is essential for full protection.
Why Choose Sureinsure?
We're not tied to one insurer — we work for you. Here's why hundreds of property owners across Australia trust us to protect their investments:
Compare Multiple Quotes
We partner with top Australian insurers like Allianz, QBE, and CGU — giving you access to a wide range of policies in one place. You don’t need to chase multiple companies — we do the research and comparison for you.
Tailored Advice
Our licensed insurance advisors take the time to understand your property type, location, tenant situation, and budget — so you get a policy that fits you perfectly, not a “one-size-fits-all” cover.
Personalised Assistance
Our experienced insurance advisors are always ready to help — from policy selection to claims support. You’ll get clear communication and professional guidance every step of the way.
Quick & Easy Process
With one simple online form, you can receive and compare multiple quotes within minutes. We simplify the paperwork, explain the fine print, and help you make a confident choice — without any pressure or jargon.
Ongoing Support & Claims Help
Our service doesn’t end after you buy a policy. We’re here to assist you during claims, policy updates, or renewals — making sure you always stay protected with the best value cover.
“We help landlords spend less time searching and more time earning.”
What Affects the Cost of Landlord Insurance?
Your premium depends on a few key factors:
- Property type (unit, house, or multi-property)
- Location (flood, storm, or theft-prone areas)
- Type of tenants (short-term or long-term)
- Level of cover and excess amount
- Security features and building materials
Tip: Combining building + contents + rent cover often gives better value than buying separate policies.
Case: A Brisbane landlord’s tenant accidentally caused water damage in the bathroom.
- Cost
- $8,500 in repairs + 4 weeks’ rent loss.
- Outcome
- Covered under their landlord insurance arranged via Sureinsure.
- Result
- Zero out-of-pocket cost for the owner, smooth claim handled in 5 days.
FAQ About Landlord Insurance
Our goal is to provide clarity and help you understand how we support your insurance needs. Still have any questions?
No, landlord insurance isn’t legally mandatory in Australia — but it’s highly recommended by property managers, lenders, and financial advisors.
While the law doesn’t force you to have it, most rental agreements and mortgage lenders expect landlords to carry insurance because it protects both your income and your asset. If a tenant defaults on rent, causes accidental damage, or your property becomes unlivable after an insured event (like fire or storm), landlord insurance can save you from paying thousands of dollars out of pocket.
Without it, you could be responsible for repairs, lost rent, or even legal claims — all of which can significantly impact your investment returns.
For most Australian landlords, the small cost of an insurance premium is a smart safeguard for long-term peace of mind.
Example: A Sydney landlord once faced $12,000 in tenant damage and unpaid rent — costs that would have been fully covered under a standard landlord insurance policy.
Yes — in most cases, landlord insurance premiums are tax-deductible in Australia because they protect an income-producing asset.
Since your rental property generates income, the cost of protecting it (through insurance) is generally considered a legitimate business expense by the Australian Taxation Office (ATO).
This means you can often claim deductions for:
Annual landlord insurance premiums
Policy renewal fees
Some claim-related expenses (if they relate to protecting rental income)
However, if the property is used partly for personal use — for example, a holiday home you sometimes stay in — then only the rental portion of the insurance cost can be claimed.
Example:
If you pay $800 annually for landlord insurance on your rental property, that amount can usually be claimed as a deduction in your next tax return — reducing your taxable rental income.
Always confirm with your accountant or tax advisor, as rules can vary based on your property type, ownership structure, and personal circumstances.
Some insurers do provide cover for short-term or holiday rentals (like Airbnb or Stayz), but not all standard landlord insurance policies include it.
Traditional landlord insurance is usually designed for long-term leases, where tenants stay for months — not days or weeks.
If you rent your property through platforms like Airbnb, Stayz, or Booking.com, the risk profile changes — because:
You may have multiple short-term guests throughout the year
Guest damage or theft risk is higher
There’s more frequent turnover and potential for accidental damage
That’s why many insurers offer specialised short-term rental insurance or an optional “holiday let” add-on to their standard landlord policy.
Example:
If you rent your property to different guests each weekend, a normal landlord policy may not cover guest-related damage — but a short-term rental policy can.
At Sureinsure, we can help you find a policy that specifically covers short stays, holiday lets, or mixed-use rentals — so you’re protected no matter how often your guests change.
Always disclose to your insurer if you use Airbnb or similar platforms; failing to do so could affect your claim eligibility.
If something goes wrong — like property damage, tenant default, or rent loss — just contact Sureinsure.
Our expert team will guide you step-by-step through the claim process with your insurer, making sure it’s handled quickly and stress-free.
Here’s how it usually works:
Notify Us Early: As soon as an incident happens (like storm damage or tenant issue), let us know.
Provide Details: We’ll help you collect all required documents — like photos, inspection reports, or rental agreements.
Lodge the Claim: We’ll submit your claim directly to the insurer on your behalf and keep you updated.
Follow-up & Support: Our team stays in touch with the insurer to ensure your claim is processed efficiently — and you receive your payout as soon as possible.
Example:
If your tenant accidentally floods the bathroom, you simply inform Sureinsure — we’ll liaise with your insurer, arrange repairs, and help you recover lost rent (if covered).
Our goal is simple: make claims easy and transparent so you can get back to earning rental income without the hassle.