Owning an investment property is one of the most popular wealth-building strategies in Australia. But what happens when tenants default on rent, cause damage, or a storm wreaks havoc on your building? The answer lies in a powerful financial safety net: landlord insurance.
At Angelic Insurance, we help property investors across Australia protect their valuable assets with tailored landlord insurance that goes beyond standard home cover.
What Is Landlord Insurance?
Landlord insurance is designed specifically for property owners who lease their residential property to tenants. It combines several types of cover into one comprehensive policy, including:
Protection against loss or damage to the building and contents
Coverage for loss of rental income
Legal liability if someone is injured on the property
Optional cover for tenant-related risks (e.g., rent default, malicious damage)
Whether you own a house, unit, or apartment, this policy ensures you’re not left out of pocket when the unexpected occurs.
Why Australian Landlords Need It
In Australia, landlords face a unique set of risks:
Tenants suddenly vacating or defaulting on rent
Natural disasters like bushfires or floods
Accidental or intentional damage to the property
Legal disputes and liability claims
With rental yields under pressure and property prices fluctuating, protecting your rental income and property value is more important than ever.
What Does Landlord Insurance Typically Cover?
Here’s what you can expect in a standard Angelic landlord insurance policy:
Building & Contents
Damage caused by fire, storms, floods, vandalism
Accidental damage or theft
Fixtures, fittings, and appliances (if furnished)
Loss of Rental Income
If your tenant breaks the lease, is legally evicted, or the property becomes uninhabitable after an insured event
Tenant-Related Risks
Rent default (optional)
Malicious damage by tenants
Legal expenses for tenant disputes
Legal Liability
Covers you if a tenant or visitor is injured on your rental property and holds you liable
Smart Tips for Choosing Landlord Insurance
Always Compare Policies
Not all landlord insurance is equal some offer broader tenant default coverage or higher limits for natural disasters.
Check the Excess
Know what you’ll pay out of pocket before a claim. A higher excess usually lowers the premium but increases your risk.
Consider Optional Add-Ons
Add cover for rent default, contents in a furnished property, or strata gaps if you’re leasing a unit.
Update Coverage When Property Changes
Renovating or switching to short-term leasing? Inform your broker to adjust your policy accordingly.
Why Angelic Insurance Is the Smart Choice for Landlords
At Angelic Insurance, we don’t believe in one-size-fits-all policies. As expert brokers, we:
Compare landlord insurance from top Australian insurers
Tailor your policy based on your property type and rental setup
Explain the fine print so you understand your coverage
Support you throughout the claims process
