What's Changing

Updates to Terri Scheer Pricing and Discounts

We’re making some changes to pricing and removing some premium discounts for our Terri Scheer insurance policies.

These will apply to all new policies and policy renewals with a start date on or after 17 August 2025.

Multiple Property Discount

We’re no longer offering the Multiple Property Discount for our Landlord Insurance policies. If you have active policies with us that have had a Multiple Property Discount applied, from your renewal date you will no longer see the discount showing on your Certificate of Insurance.

For renewing policies, we will consider the number of Terri Scheer Landlord Insurance policies you hold in the renewal premium calculation.

Combined Policy Discount

Our Combined Policy Discount is being discontinued. If you have active Landlord Residential Building Insurance policies with us that have had a Combined Policy Discount applied, from your renewal date you will no longer see the discount shown on your Certificate of Insurance.

However, having a Landlord insurance policy with Terri Scheer for the same property will be a factor in calculating the Landlord Residential Building Insurance premium for new policies and at renewal.

Real Estate Agent Discount

The Real Estate Agent Discount will no longer be available, and from your renewal date you will no longer see the discount shown on your Certificate of Insurance.

If you currently receive this discount, your employment with a real estate agency will be factored into your renewal premium.

Why your premium may have changed

We understand that premiums, and changes to them, can be confusing. Some of the factors that can influence the amount of premium that you pay are, the property address, occupancy type (holiday let or permanent tenant), the type of property, the materials and characteristics of the property, including year built, the building/contents sum insured and the weekly rent.

External factors to what you’re insuring can also have an impact, like the claims we experience, updated data, and changes to business costs. This means that each year your premium can change, even if your personal circumstances haven’t.