If you own a residential investment property, you probably have a standard home insurance policy in place to cover events such as fire, storm, earthquake and burglary. Few policies however cover malicious damage or theft caused by tenants, or loss of rent if a tenant defaults - all serious concerns for you as the landlord.
Landlord's Protection insurance will cover you for:
Damage to the building caused by malicious damage by your tenant
Theft of any part of the building or its fixtures and fittings by tenants
Loss of rent if your tenant defaults in payment
Denial of access to yourself or your tenant
Legal expenses
Additional benefits apply to strata, group, or community title properties and includes legal liability cover.
View the Product Disclosure Statement for the full terms, conditions and exclusions which apply to this insurance.