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Landlord Insurance Residential tenancy

Covers you for tenant-related risks including loss of rental income, and loss or damage by tenants to your building and contents.

Landlord Insurance for $1.50 or less per day*

Is your property a holiday rental? View our insurance options here >

Combine with Building and Save+.Find out more >
Buy online and SAVE 5% on your first year's premium+

What's Covered

Loss of rental income

Protects you from loss of rental income as a result of scenarios such as those listed below.

Provides cover for:

  • Absconding tenant
  • Defaulting tenant
  • Failure to give vacant possession
  • Death of a tenant
  • Hardship
  • Untenantable property
  • Prevention of access
  • Rent reduction

Contents

Protects those furnishings you forget, like curtains, carpets, blinds and light fittings. What contents are covered?

Provides cover for:

  • Tenant Damage
  • Flood
  • Storm or rainwater
  • Escape of liquid
  • Fire (including bushfire) or explosion
  • Show more
  • We do not insure you for bushfire, storm, flood or tsunami in the first 72 hours of your policy. Very limited exceptions apply. Read the PDS for more detail.

Building

Protects your building against: loss or damage caused by tenants, their family or their invited guests. What does building include?

Provides cover for:

  • Tenant Damage
  • Pet damage
  • Scorching

Additional benefits

  • Legal expenses up to $5,000*
  • Representation costs up to $500*
  • Bailiff/Sheriff fees up to $300 per claim
  • Replacement of locks up to $250
  • Re-letting expenses in excess of the bond up to $500*
  • Removal and storage of goods up to $500
  • Legal liability cover up to $20 million
  • Emergency Service damage up to $1,000

*Reletting, legal expenses and representation costs are only covered under the Landlord Preferred Policy and Scheer Short Stay Policy.

This content applies to new policies and renewal policies commenced or renewed on or after 29 March 2021.

For full details of our policies we recommend you read the relevant Product Disclosure Statement.
The Target Market Determination is also available.

Details of what's covered

If your property is managed by a property manager the Landlord Preferred Policy covers permanent or periodic tenancies and includes cover for:

Loss of Rental Income

Hide Detail
Insured Events
Sub-limit
Absconding tenant
Up to 20 weeks loss of rent
Defaulting tenant (by court order)
Up to 20 weeks loss of rent
Defaulting tenant (by termination notice)
Up to 20 weeks loss of rent
Failure to give vacant possession
Up to 28 weeks loss of rent
Death of tenant
Up to 15 weeks loss of rent
Hardship
Up to 4 weeks loss of rent
Untenantable property (due to tenant damage to building)
Up to 52 weeks loss of rent
Untenantable property (due to contents damage)
Up to 6 weeks loss of rent
Prevention of access
Up to 52 weeks loss of rent
Rent reduction
Up to 6 weeks reduction of rent

Contents

Show Detail

Up to $60,000 cover included per period of insurance, combined with Building Cover. You can increase your cover up to $100,000.

Insured Events
Sub-limit
Tenant Damage
Flood
Storm or rainwater
Escape of liquid
Fire (including bushfire) or explosion
Break-in vandalism or theft
Pet damage
Up to $2,500 per period of insurance (Combined with Building damage)
Scorching
Up to $1,000 per period of insurance (Combined with Building damage)
Impact
Earthquake or tsunami
Glass breakage
Lightning
Oil leakage from any heater
Electric motor burnout
Up to $2,000 per claim
Riot, civil commotion or public disturbance

Building

Show Detail

Up to $60,000 cover included per period of insurance, combined with Contents Cover. You can increase your cover up to $100,000.

Insured Events
Sub-limit
Tenant Damage
Pet damage
Up to $2,500 per period of insurance (Combined with Contents damage)
Scorching
Up to $1,000 per period of insurance (Combined with Contents damage)

Other

Show Detail
Insured Events
Limit
Legal expenses
Up to $5,000 per claim
Representation costs
Up to $500 per period of insurance (with a sub-limit of $300 per claim for engaging a bailiff/sheriff)
Replacement of locks
Up to $250 per claim
Re-letting expenses in excess of the bond
Up to $500 per period of insurance
Removal and storage of goods
Up to $500 per tenancy
Legal Liability
Up to $20million in legal liability
Emergency Service damage
Up to $1,000 per claim

The Landlord Preferred Self Managed Policy covers landlords who manage the property themselves.

It includes:

Loss of Rental Income

Hide Detail
Insured Events
Sub-limit
Absconding tenant
Up to 20 weeks loss of rent
Defaulting tenant (by court order)
Up to 20 weeks loss of rent
Defaulting tenant (by termination notice)
Up to 20 weeks loss of rent
Failure to give vacant possession
Up to 15 weeks loss of rent
Death of tenant
Up to 15 weeks loss of rent
Hardship
Up to 4 weeks loss of rent
Untenantable property (due to tenant damage to building)
Up to 52 weeks loss of rent
Untenantable property (due to contents damage)
Up to 6 weeks loss of rent
Prevention of access
Up to 52 weeks loss of rent
Rent reduction
Up to 6 weeks reduction of rent

Contents

Show Detail

Cover anywhere between $30,000 and $100,000.

Insured Events
Sub-limit
Tenant Damage
Flood
Storm or rainwater
Escape of liquid
Fire (including bushfire) or explosion
Break-in vandalism or theft
Pet damage
Up to $2,500 per period of insurance (Combined with Building damage)
Scorching
Up to $1,000 per period of insurance (Combined with Building damage)
Impact
Earthquake or tsunami
Glass breakage
Lightning
Oil leakage from any heater
Electric motor burnout
Up to $2,000 per claim
Riot, civil commotion or public disturbance

Building

Show Detail

Up to $60,000 cover included per period of insurance

Insured Events
Sub-limit
Tenant Damage
Pet damage
Up to $2,500 per period of insurance (Combined with Contents damage)
Scorching
Up to $1,000 per period of insurance (Combined with Contents damage)

Other

Show Detail
Insured Events
Limit
Legal expenses
Up to $5,000 per claim
Bailiff/Sheriff fees up to $300 per claim
Up to $300 per claim
Replacement of locks
Up to $250 per claim
Re-letting expenses in excess of the bond
Up to $500 per period of insurance
Removal and storage of goods
Up to $500 per tenancy
Legal Liability
Up to $20million in legal liability
Emergency Service damage
Up to $1,000 per claim

This content applies to new policies and renewal policies commenced or renewed on or after 29 March 2021.

For full details of our policies we recommend you read the relevant Product Disclosure Statement.
The Target Market Determination is also available.

Why Landlord Insurance is important

Landlord Insurance covers you for tenant-related losses. Things like loss of rent due to a tenant breaking their lease or being evicted, or damage caused to your contents by tenants, like drink spills on carpets. Other insurance may not cover these events, and very often, the bond won’t be enough to cover the associated costs.

Combine
and save

If you own a freestanding building, combine one of our Landlord Insurance products with our Residential Building Insurance and receive a 10%+ discount on your Residential Building Insurance policy.

Find out more
Landlord Insurance is rated 4.6 out of 5 by 2379.
Rated 5 out of 5 by from Landlord ins Great product and service for me . Lovely company to deal with .
Date published: 2024-04-04
Rated 5 out of 5 by from Simple Contents Insurance Thought i'd try Terry Scheer after seeing the add on Television
Date published: 2024-04-04
Rated 5 out of 5 by from A good product I made claim years ago on my first insurance with Terri Scheer. The process was easy and smooth. This is my third Landlord insurance with Terri Scheer.
Date published: 2024-04-02
Rated 5 out of 5 by from Great Value for money Great product pleased with the value for the money
Date published: 2024-04-02
Rated 4 out of 5 by from Great Insurance product we have not tried them before .. it is our first time and first year with Terri Sheer
Date published: 2024-04-02
Rated 5 out of 5 by from Good price Great on line service for quotation & purchase very simple to use
Date published: 2024-04-02
Rated 5 out of 5 by from So easy and quick Rang another company pre Easter said they would send quote immediately didn’t show up. So tried Terri Scheer, and all done in minutes. Thank you ☺️
Date published: 2024-04-01
Rated 5 out of 5 by from Quick and Easy My Landlord Insurance was due and I wasn't happy with the current Insurance Company so I have been slowly changing over my Investment Properties Insurance Policies over to Terri Sheer
Date published: 2024-03-31
Rated 4 out of 5 by from Product is good, but no flexible payment options We have multiple TS Landlord Insurances. Our main complaint is that the website do not give any other payment options than Credit Card. We would like to use BPAY as some company accounts do not have Credit Cards for business entities.
Date published: 2024-03-31
Rated 5 out of 5 by from Very good value for the price. Had Terri Scheer policy before.Good value for the price.
Date published: 2024-03-27
Rated 5 out of 5 by from Smooth and easy process Quick and easy process for getting a quote and buying of policy.
Date published: 2024-03-23
Rated 4 out of 5 by from Great product Only just purchased but it was extremely quick and easy and a big difference in pricing to some of the more common name insurance companies
Date published: 2024-03-20
Rated 5 out of 5 by from Great insuranceproduct It’s my 2nd policy with TS and I am happy with the service
Date published: 2024-03-18
Rated 5 out of 5 by from Great insurance coverage I thought it's time to do something to protect if anything happened to my tenant and the property. My property agency highly recommended Terri Scheer. I did and makes me feel protected.
Date published: 2024-03-18
Rated 5 out of 5 by from Landlord Insurance Very easy to do yourself online and receive a quote. Very friendly staff when you ring
Date published: 2024-03-18
Rated 5 out of 5 by from Very easy to complete Easy and not expensive. We have used them before and they have great service.
Date published: 2024-03-15
Rated 5 out of 5 by from Just purchased Landlord Insurance Easy and straight forward application process, good cover and competitive premiums
Date published: 2024-03-15
Rated 5 out of 5 by from Good value landlord's insurance I have heard many good things about this company from a lot of friends and now looking forward to the benefits of a good product.
Date published: 2024-03-14
Rated 5 out of 5 by from Great insurance product Highly recommended by my property manager and I’d recommend it to every landlord.
Date published: 2024-03-14
Rated 4 out of 5 by from Quick n easy to buy and review Give it a year and see what happens if premiums rise for no reason
Date published: 2024-03-14
Rated 5 out of 5 by from Great insurance Piece of mind mostly recommended AAAAA++++++++++++
Date published: 2024-03-13
Rated 5 out of 5 by from Easy and well-priced! This is the second landlord policy I have purchased through Terri Scheer after a word of mouth recommendation. When my 3rd property comes up for renewal I'll definitely be insuring that one through Terri Scheer too.
Date published: 2024-03-08
Rated 5 out of 5 by from Easy steps to follow and super quick Really easy to use system and obtained a policy right away
Date published: 2024-03-08
Rated 5 out of 5 by from Quick & Easy Just went through the process and found it really easy. I've heard great things about Terri Sheer from multiple sources.
Date published: 2024-03-06
Rated 5 out of 5 by from Great Insurance Product I read all the details and believe it to be a comprehensive policy.
Date published: 2024-03-06
Rated 5 out of 5 by from UNIQUE PRODUCT After sifting through so many products this one offers great value for money, flexibility, simple excesses, and a clearly presented PDS. It was a breeze to purchase online as the forms are not complicated.
Date published: 2024-03-06
Rated 4 out of 5 by from EASY TO APPLY TRYING FIRST TIME HAVE HEARD GOOD REPUTAION WILL RECOMEND OTHERS
Date published: 2024-03-05
Rated 5 out of 5 by from Easy to obtain Insurance Only purchased today, easy to set up and looks good so far.
Date published: 2024-03-04
Rated 5 out of 5 by from GREAT INSURANCE POLICY Have used before & is better to have than not have, for unforeseen circumstances.
Date published: 2024-03-03
Rated 4 out of 5 by from Competetitive premium and benefit Competetitive premium and benefit. Premium is less compared to other insurer.
Date published: 2024-03-01
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