Landlord Insurance is a type of insurance policy designed specifically to help financially protect landlords for some of the common risks associated with renting their investment property.
It normally covers:
Loss of rental income should your tenant abscond, default on the rent in some circumstances, experience hardship and are released per court order;
You’re prevented from accessing the property due to damage caused by an insured event;
If your property is untenantable for a minimum of 7 days whilst tenant-related damage to contents by an insured event is being repaired.