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Renting out your property? Protect your investment with cover for vandalism, fire, theft and more.
We can cover up to $10,000 in costs for removing a tenant’s possessions and rubbish if they abandon your rental property.
Buy your Landlord Insurance online and we’ll automatically apply the discount. You’ll save 10% on your first year's premium10.
We can cover up to $10,000 in costs for removing a tenant’s possessions and rubbish if they abandon your rental property
We’ll help cover theft or damage whether it's caused directly by your tenant, their pet, or their guest11
If your property needs repairs after a covered incident, we’ll cover your lost rent for up to 12 months1
Landlord Insurance is a type of Home Insurance that property owners (i.e. landlords) might get to help protect their rental property in case of loss, damage or other unforeseen (and potentially costly) issues.
If you own an investment property that you rent out, our Landlord Insurance policy can cover things like loss of rental income during repairs, furniture and furnishings that are left for your tenant to use, and loss or damage caused by fire, flood, storm, theft, vandalism, leaks and more.
Here’s a summary of what’s included for your rental property.
Fire
We cover loss and damage caused by fire (including bushfire).
Flood, storm & storm surge
We cover loss or damage caused by flood, rainwater run-off, storm, storm surge and tsunami.3
Damage from leaks
We cover loss or damage to your property caused by liquid leaks, like from a burst pipe or broken heater.5
Demolishing & removing debris
If your rental property is damaged by a covered event, we pay to demolish and remove debris, including damaged contents.7
Broken glass
We cover accidentally broken glass and ceramic in some furniture or fixtures.
Impact damage
We pay for damage caused by impact from things like vehicles and trees.6
Lightning
We cover damage and power surges caused by lightning.
Damage by occupant
We cover theft, vandalism or intentional damage caused by a tenant, a tenant's guest or tenant's pets.11
Theft & vandalism
We cover stolen items and damage from theft and vandalism, including stolen keys.2
Liability for injury or damage
We cover your legal liability in some situations if someone’s injured or their property’s damaged (up to $20m).9
Loss of rent during repairs
If your building or contents are covered and your rental property is unliveable after a covered event, we pay up to 52 weeks of lost rent.1
Furniture & furnishings
We cover loss or damage to furniture, furnishings and carpet in your property.4
Motor burnout
We cover electric motor burnout in fixtures like air conditioners and pool pumps, including parts and labour.8
Renovation building materials
If your contents are covered, we pay up to $1,000 for damage from covered events to renovation materials at your rental property.
There are some things we don’t cover.
Short-term rentals
We don’t cover your property if the rental period is less than 90 days.
Damage caused by vermin
We don’t cover damage caused by things like rats, termites and possums.
Landlord Insurance is typically for owners of residential properties leased to tenants.
If you live in the property you own, our combined cover Home and Contents Insurance is an option to consider.
For short-term or holiday renting with websites like Airbnb, you can explore cover with ShareCover Holiday Rental Insurance.
Landlord Insurance is different to insurance for renters (known as Home Contents Insurance).
Landlord Insurance is for people who want to insure a residential property that they own and rent out to tenants.
Landlord Insurance includes cover for the structure and permanent fixtures of a building.
If you are a tenant renting a property, Renters' Insurance (known as Home Contents Insurance) is a policy that covers contents and belongings in your home in case they’re stolen or damaged by an insured event.
NRMA Insurance has been awarded Australia’s Most Trusted Insurance Brand by Roy Morgan for eight years in a row (2019 to 2026).
We’re here to help protect your investment property when the unexpected happens, from storms and floods to tenant damage.
They’ll give you full details on limits, conditions, exclusions and more
Important note for customers in NSW, QLD, TAS & ACT. If you purchased your policy before 21 April 2024 and you either haven't renewed it yet or you last renewed it before 1 July 2024, your cover will be different to the cover described above. Read the Product Disclosure Statement (PDS) relevant to your policy on our policy booklets page, or call us on 132 132 for more information.
Explore cover for your short-term rental property with ShareCover Holiday Rental Insurance.
A rental property is any enclosed building at your premises that has walls, a roof and can be locked up.
Your rental property also includes home improvements such as garages, carports, in ground pools, or fixtures that are permanently attached to your home. For example, light fixtures, built in wardrobes and kitchen cupboards.
If your rental property is a flat or unit, it also includes lockable storage that's reserved for you inside the complex.
Yes, you’re covered if your tenant or their guest vandalises your property or intentionally causes loss or damage.
You and your tenant must have a valid rental agreement. Your policy doesn't cover damage resulting from wear and tear. For more information, please refer to the Product Disclosure Statement.
Yes, you can choose who repairs your rental property.
We have a network of Partner Repairers and suppliers. We engage these preferred repairers to assist in your claims process so they can help in returning you to the position you were in before your claim.
Rest assured that we only engage suitably qualified repairers and leading retailers that we work closely with to assist with your claim. We will also offer a lifetime guarantee on the workmanship of repairs authorised with one of our preferred repairers.
However, if you decide not to use one of our Partner Repairers, we won't be able to warrant the workmanship or repairs that are completed, or assist in managing the repairer throughout the repair on timeframes or quality.
We'll also only pay you the fair and reasonable amount that the repairs should cost.
Home Buildings Insurance (also known as building insurance) is different to Landlord Insurance. Home Buildings Insurance is for people who want to insure the property that they own and live in (also known as an owner-occupied home).
Landlord Insurance is for people who want to insure a residential property that they own and rent out to tenants.
There are also other home insurance products for different types of properties, assets and arrangements. Explore Home Contents Insurance, Home Buildings and Contents Insurance, Residential Strata Insurance, Holiday Rental Insurance, Single Item Insurance and Contents Insurance for Renters.
It’s up to you as the owner and landlord to decide whether you want Landlord Insurance for your rental property.
Whatever type of rental property you own, you might want to consider getting Landlord Insurance to protect the property against potential risks like theft, natural events, tenant damage, rent defaults and more.
Yes, Landord Insurance can help protect your investment properties from loss or damage caused by storm and flood damage.
Check the PDS for details of what’s included and what’s excluded from the policy.3
Cover for loss of rent loss is included in the following cases:
Loss of rent during repairs: If your building or contents are covered and you lose rent because the property becomes uninhabitable while it is being repaired or rebuilt due to an insured event, such as a fire or storm, we pay up to 52 weeks of lost rent.1
Rent default: This is an optional benefit that you can add to your Landlord Insurance policy. Cover is included if your tenant stops paying rent or leaves without notice during the fixed term of your rental agreement.
Please see the PDS for your state's policy for more information.
No, our Landlord Insurance policy doesn’t include cover for properties rented on websites like Airbnb or for short-term rentals. Sharecover Holiday Rental Insurance covers these types of rentals instead.
For the full list of what’s covered, please read the PDS and TMD for the applicable policy.
Landlords typically purchase our Landlord Insurance policy separately for each property.
Get in touch with us for more information.
We can cover the cost to repair or rebuild if your home is damaged or destroyed by an incident we cover, up to the sum insured.
We offer cover for items in your home, even if you accidentally leave a window or door unlocked.
Protect your strata building and common contents. We can cover damage or loss caused by storms, fires or accidental damage.
Covered if the home is unliveable. We’ll cover either the weekly rent listed on your Certificate of Insurance, or the weekly rent in your rental agreement, whichever is less. A valid rental agreement is required. We will not cover your loss of rent if we have paid a claim in relation to the same tenant or rental agreement for rent default. If you have Building Insurance and Contents Insurance, we only pay this benefit once for each incident.
If theft or vandalism by tenant, we will deduct from your claim four times the weekly rent amount shown on your rental agreement, in addition to the standard excess. A valid rental agreement is required. No excess is payable for a claim made only under the ‘Replacement of keys and locks’ additional benefit.
We don’t cover actions of the sea, such as tides and waves. Check the PDS for a full list of exclusions. For insured properties in NSW, ACT or Tasmania, if we give you the option to remove cover from your Building Insurance or Contents Insurance for flood, rainwater run-off and storm surge and you choose to do so, you won’t be covered for loss or damage to your rental property (under Building insurance) or contents (under Contents insurance) caused by flood, rainwater run-off or storm surge.
Under a Landlord ‘Contents’ policy, your furniture and furnishings are covered up to the contents insured amount. Under ‘Buildings’ policy, if your property isn’t under a strata or similar scheme your furniture and furnishings are covered to up to 10% of the buildings insured amount.
We don’t cover damage caused by water leaking or escaping from a shower recess or shower base. We don’t cover loss from erosion or other earth movements. We don’t cover the costs to repair or replace the item that the liquid leaked or escaped from.
We don’t cover loss or damage caused by tree cutting, lopping or felling, unless it was performed by a professional.
We pay up to 10% of the Building sum insured (if you have Building Insurance), and up to 10% of the General Contents sum insured (if you have Contents Insurance) for this additional benefit.
We can cover electric motors for up to 15 years after they were made, provided they are not covered by a warranty, you do not use them for a business, trade or profession and they are kept at your home or site. We do not cover the cost to remove or install submerged or underground motors.
We cover your legal liability for death or bodily injury to someone else or loss or damage to someone else’s property.
See the full details of the online discount. Any applicable discounts may be subject to minimum premiums. Discounts only apply until a minimum premium is reached. When we determine your premium on renewal, we may also limit any increases or decreases in your premium by considering factors such as your previous year's premium amount.
We will deduct from your claim four times the weekly rental amount in addition to any excess that applies. We will not cover loss or damage if we have paid a claim in relation to the same tenant or rental agreement under the ‘Damage by occupant’ or ‘Theft by tenant’ listed events or under the ‘Rent default’ cover option, except in relation to the same incident. A valid rental agreement is required. You must report any theft or attempted theft to the police and provide us with an incident report number.