1800 804 016

Sales & Service: Mon-Fri 8.30am to 6pm AEST
Claims: Mon-Fri 8.30am to 6:30pm AEST

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 2426.
Rated 5 out of 5 by from First Class We have mulitple properties insurance with Terri Scheer. The process is so quick and easy
Date published: 2024-05-19
Rated 1 out of 5 by from difficult for property managers to buy a policy Difficult and very limited options to buy a first policy if the property manager is not a registered agent with Terri Scheer. What property manager pays by credit card these days? You will lose new customers if you don't make it easier.
Date published: 2024-05-19
Rated 5 out of 5 by from As simple as 123 My property agent recommended Terri Scheer and it is easy to process it. So far, I have bought two for myself and one for my family member.
Date published: 2024-05-19
Rated 5 out of 5 by from great policy Always happy service. Great product landlord need this service!
Date published: 2024-05-17
Rated 5 out of 5 by from Great Insurance its piece of mind now where covered with Landlord Insurance
Date published: 2024-05-17
Rated 5 out of 5 by from Easy to sign up We just bought our first investment property, and was looking for landlord insurance. The steps to signing up were easy and very fast. Also comparing with two other products, Teri Scheer landlord insurance was the best.
Date published: 2024-05-16
Rated 5 out of 5 by from Landlord Insurance Easy online process to set up the policy and make payment.
Date published: 2024-05-16
Rated 5 out of 5 by from Great product Best value for money insurance on the market and easy to do online
Date published: 2024-05-15
Rated 4 out of 5 by from Good insurance I'm happy with this insurance. Price is reasonable
Date published: 2024-05-14
Rated 5 out of 5 by from Landlord Insurance It's great to see that Terri Scheer still has the best product for landlords. Not sure why anyone would consider an alternate company.
Date published: 2024-05-13
Rated 5 out of 5 by from Easy to understand and comprehensive Terri sheer make it easy to create a policy online within minutes.
Date published: 2024-05-13
Rated 4 out of 5 by from Return customers Service has always been prompt and helpful. No, or little, wait times on the phone.
Date published: 2024-05-13
Rated 5 out of 5 by from Great Insurance Product I just started this insurance. Hopefully, all good.
Date published: 2024-05-12
Rated 3 out of 5 by from Poor Renewal Process I find it remarkable that there is not an easy renewal process e.g. the enter the existing policy number and have the new renewal premium and process generated. There is not even a link in the renewal reminder email! Instead, the customer my enter all details again to generate a new quote as though they are a totally new customer. It's incredible to find this in this digital age! Do better
Date published: 2024-05-11
Rated 5 out of 5 by from So Easy!!! Super easy and competitive price. No stress, not worries.
Date published: 2024-05-11
Rated 5 out of 5 by from Value Insurance with great coverage Purchased Landlord Insurance to cover our rental Unit. Very competitive price for policy and covered all of the important matters such as rental default.
Date published: 2024-05-11
Rated 5 out of 5 by from Initial Experience I called to obtain clarification for an online quote. The call was answered promptly and confirmation given. That was a great first impression for me!
Date published: 2024-05-10
Rated 5 out of 5 by from Excellent Landlord Insurance! Have been shopping around for the best type of Landlord Insurance - look no further than Terri Scheer ... it is the best in inclusions and excellent value as well! Great peace of mind!
Date published: 2024-05-09
Rated 5 out of 5 by from Great Insurance Have previous policies with Terri Scheer and have had a good experience
Date published: 2024-05-08
Rated 5 out of 5 by from Great Product Very happy with the policy thank you - very easy to understand
Date published: 2024-05-07
Rated 4 out of 5 by from GREAT INSURANCE Just bought the policy ,hope I wont be dissapointed
Date published: 2024-05-06
Rated 5 out of 5 by from Great policy I bought this 4 months ago. It looks like great policy from content and I hope the police will protect us once something is happened
Date published: 2024-05-06
Rated 5 out of 5 by from Easy to do! So easy to do online! Everything was clear and simple.
Date published: 2024-05-02
Rated 5 out of 5 by from easy, quick and convenient Online website is clear, simple and very quick to get a policy in place
Date published: 2024-04-29
Rated 5 out of 5 by from Easy to deal with Great value for money, recommended by my agent as they are so easy to deal with
Date published: 2024-04-29
Rated 4 out of 5 by from good insurance product have had this product before and am happy to use it again
Date published: 2024-04-28
Rated 5 out of 5 by from Great value for peace of mind Friendly advice on the phone and easy to complete application on line - the 5% discount was a pleasant surprise
Date published: 2024-04-27
Rated 5 out of 5 by from Great insurance super fast service. phone service was easy aswell and the call center was not offshore.
Date published: 2024-04-26
Rated 3 out of 5 by from Good insurqance Just bought it. Hopefully all goes well and I dont need it
Date published: 2024-04-26
Rated 4 out of 5 by from Purchased despite terrible website Purchased policy with Terri Scheer as it seems like a good offering and price is good, but it took me so many attempts to get it done on the website it is amazing I persisted. Quote wouldn't work, then finally got that done and couldn't get through purchase due to glitch on website with street type, then went onto laptop and website was down... Finally 100th time it all worked. Really surprised me given the amount they advertise on TV.
Date published: 2024-04-23
  • y_2024, m_5, d_28, h_3
  • bvseo_bulk, prod_bvrr, vn_bulk_3.0.42
  • cp_2, bvpage2n
  • co_hasreviews, tv_0, tr_2426
  • loc_en_AU, sid_LandlordInsurance, prod, sort_[SortEntry(order=SUBMISSION_TIME, direction=DESCENDING)]
  • clientName_terrischeer
  • bvseo_sdk, p_sdk, 3.2.0
  • CLOUD, getContent, 259.46ms
  • REVIEWS, PRODUCT