Compare Our Cover Options

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Which cover may suit my needs?

It depends on your needs and budget, but briefly speaking, if you need to cover:

• Rental income for a long-term tenant with a current lease in place – Landlord Insurance.
• Rental income for short-term rentals, like an Airbnb, with a booking confirmation – Holiday Rental Insurance.
• The physical building against loss or damage from events like fire, flood, and storm – Building Insurance.
• Both tenant-related risks when you have a current lease in place and building damage – Combined Cover.

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Is Combined Cover two policies or a single policy?

Combined Cover isn't a separate third type of insurance. It's two bundled Landlord Insurance and Building Insurance covers, providing protection for both tenant-related risks and insured building damage. Each policy is considered individual. We offer this bundle to enhance convenience for our customers.

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Does Landlord Insurance cover the building?

Landlord Insurance may include some building cover for tenant-related damage, but it may not cover all types of structural damage or events.

For broader protection against events like fire or storm damage, a separate Building Insurance policy is usually required. You can bundle the two with Terri Scheer Combined Coverage.

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Does Strata cover Building Insurance?

In many Strata properties, the body corporate or owners corporation may arrange Building Insurance for shared structures and common areas. However, individual landlords may still need additional cover for tenant risks and contents depending on their situation.

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What’s the difference between Landlord Insurance and standard Home & Contents Insurance?

Home and Contents Insurance is designed for owner-occupied homes and typically covers the building and personal belongings. It does not cover many risks associated with renting out a property.

Landlord Insurance is designed for rental properties and can cover tenant-related risks such as loss of rent, tenant damage and legal liability. It helps protect both your investment property and the income it generates.

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What is the best Landlord Insurance?

The best Landlord Insurance depends on your property, location and level of risk. A strong policy will typically offer cover for tenant damage, loss of rental income and a wide range of insured events, helping protect both your property and income. While we can’t say that Terri Scheer’s policies are the best, a few of our customers can. Feel free to read our customer reviews and see for yourself.

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