Landlord Insurance

Landlord Insurance

Renting out your property? Safeguard your investment with coverage against vandalism, fire, theft, and more.

Includes

• Loss of rent during repairs​ If your building or contents are covered and your rental property is unliveable after a covered event, CGU will pay up to 12 months of lost rent.¹
• Furniture & furnishings​ Cover for loss or damage to furniture, furnishings and carpet in your property^2.
• Theft & vandalism​ Cover for stolen items and damage to or from theft and vandalism, including stolen keys^3.​
• Flood, storm & storm surge​ Cover for loss or damage to your home and items caused by flood, rainwater run-off, storm, storm surge and tsunami.⁴
• Fire​ Cover for loss and damage caused by fire (including bushfire).
• Damage from leaks​ Cover for loss or damage to your property caused by liquid leaks⁵

  like from a burst pipe or broken heater.

Important information

1. CGU cover either the weekly rent listed on your Certificate of Insurance, or the weekly rent in your rental agreement, whichever is less. A valid rental agreement is required.
2. Under a Landlord ‘Contents’ policy, your furniture and furnishings are covered up to the contents insured amount. Under a Landlord ‘Building’ policy, if your property isn’t under a strata or similar scheme your furniture and furnishings are covered to up to 10% of the buildings insured amount.
3. If theft or vandalism by tenant, CGU will deduct from your claim four times the weekly rent amount shown on your rental agreement, in addition to the standard excess. A valid rental agreement is required. No excess is payable for a claim made only under the ‘Replacement of keys and locks’ additional benefit.
4. CGU don’t cover actions of the sea, such as tides and waves.
5. CGU doesn’t cover damage caused by water leaking or escaping from a shower recess or shower base. CGU doesn't cover loss from erosion or other earth movements. CGU doesn't cover the costs to repair or replace the item that the liquid leaked or escaped from.

Excesses may apply. Refer to your Certificate of Insurance. For detailed terms, conditions, limitations, and exclusions, please read the Product Disclosure Statement.

Horizon Bank ABN 66 087 650 173 acts under its own Australian Financial Services Licence (no. 240573) and under an agreement with the issuer Insurance Australia Limited ABN 11 000 016 722, AFSL 227681 under the CGU brand. Any advice provided is general advice only and does not take into account your individual objectives, financial situation or needs (your personal circumstances) Before using this advice to decide whether to purchase a product, you should consider your personal circumstances and the relevant Product Disclosure Statement (PDS) and Target Market Determinations from CGU. Premium Excess and Discounts Guide (PED)