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Our Landlord Insurance cover types

Choose from 2 levels of cover

For further details of the terms and conditions, limits and exclusions, read the Product Disclosure Statement (PDF 540KB).

 

  Essential Care Quality Care
Storms, lightning, flood Storm cover excludes damage to gates, fences and freestanding walls.  
Fire, explosion, earthquake

   
Theft

Contents only covered if the theft occurs from inside a fully enclosed and lockable building at the insured site.

For Contents cover, theft is covered if the theft occurs from a fully enclosed and lockable building and for up to $2,000 in the open air at the insured site.

$20m legal liability cover    
Loss of rent Up to $1,000 per week for up to 12 months in total. Up to $1,000 per week for up to 12 months in total.
Sum insured safety net Up to 5% of the sum insured. Up to 10% of the sum insured.
Landlord fixtures and fittings   Up to $20,000.
Accidental breakage of glass    
Malicious acts and unrest    
Electrical motor burnout    
Escape of liquid Excludes loss or damage resulting from liquid escaping from a shower recess.  
Emergency repairs and protection    
Emergency storage of contents   Up to 10% of the sum insured or the cost of storage for up to 12 months in total, whichever is less.
Mortgage discharge    
Locks and keys   Up to $1,000.

Choose from 2 levels of cover

For further details of the terms and conditions, limits and exclusions, read the Product Disclosure Statement (PDF 540KB).



  Essential Care Quality Care
Storms, lightning, flood Storm cover excludes damage to gates, fences and freestanding walls.  
Fire, explosion, earthquake    
Theft Contents only covered if the theft occurs from inside a fully enclosed and lockable building at the insured site. For Contents cover, theft is covered if the theft occurs from a fully enclosed and lockable building, and for up to $2,000 in the open air at the insured site.
$20m legal liability cover    
Loss of rent   Up to 10% of the sum insured or for up to 12 months whichever is less.
Sum insured safety net Contents: Up to 5% of the sum insured.
Building: Up to 10% of the sum insured.
Contents: Up to 10% of the sum insured.
Building: Up to 20% of the sum insured.
Landlord fixtures and fittings   Up to $20,000.
Accidental breakage of glass    
Malicious acts and unrest    
Electrical motor burnout    
Escape of liquid Excludes loss or damage resulting from liquid escaping from a shower recess.  
Emergency repairs and protection    
Emergency storage of contents   Up to 10% of the sum insured or the cost of storage for up to 12 months in total, whichever is less.
Mortgage discharge    
Locks and keys   Up to $1,000.

Optional Landlord Extras

Landlord Extras provides cover against certain events caused by tenants such as theft, malicious damage or defaulting on rent payments3

  • Malicious acts or theft by tenants
  • Loss of rent due to default by tenants (but not for casually let properties). Please note, Landlord Extras may not provide cover if your tenant is unable to pay their rent due to COVID-19 circumstances.
  • Legal expenses due to rent default
  • Denial of access to tenant by Government authority
  • Damage caused by pets

 

Landlord Extras customers

Have you lost rental income as your tenant has been financially impacted by COVID-19 and cannot pay their rent? You may be able to claim under your Optional Landlord Extras cover, see the Landlord Extras COVID-19 claims FAQs to learn more.

 

Rent default cover

We’re not currently offering Landlord Extras cover, which includes cover for loss of rent due to default by tenants, to new or existing Landlord Insurance customers. There may be other insurance options available to suit your requirements; please refer to the Insurance Council of Australia for a list of alternative providers.


Why choose Westpac?

You've got a safety net

Our cover comes with an automatic safety net in case repair or replacement costs are higher than expected1

Flexible payment options

Manage your budget – pay by the month at no extra cost^

24/7 claims support

We’ll do what we can to help support you every step of the way

Online offer

Save up to 25% when you quote and buy Landlord Building and Contents Insurance online

Quote and buy online and save 15% off your annual premium for the first year with promotional code COVER. Plus, save 10% when you combine building and contents at the same address under the one policy.

Local consultants with you every step of the way

Allow 15 minutes to lodge your claim online and get instant confirmation. We will reach out in 3 business days to confirm the details and process your claim.

 

"If I was not insured, I wouldn’t have the money to rebuild. I would have just walked away.” 

Merran Matheson, Deputy Principal, Townsville.

Watch Merran's story

Things you should know

Cover is subject to your application for insurance being accepted.

* Quote and buy online and save 15% off your annual premium for the first year with promotional code COVER. Plus, save 10% when you combine building and contents at the same address under the one policy.

^ Premiums payable by instalments may be subject to minor adjustments due to rounding, and financial institution transaction fees may apply.

1. Safety net of between 5% and 20% of your sum insured, depending on your type of cover.

3. A Landlord Extras claim will only be paid if you’re able to provide certain documents and evidence such as:

•    A written rental agreement
•    A documented booking confirmation (for casually-let properties)
•    Documented property inspection reports.
The rental agreement should state the term of the lease, the amount of rent and bond payable by the tenant/s.

Landlord Insurance Product Disclosure Statement (applicable to policies issued on or after the 20 August 2021 or renewed on or after the 5 October 2021) (PDF 540KB)

For the standard terms, conditions and exclusions about our Home & Landlord Insurance, please refer to the relevant Product Disclosure Statement (PDS) and any supplementary PDS (if applicable). To see some of the events covered and not covered, please refer to our Key Fact Sheets (KFS).

Landlord Insurance is issued by Allianz Australia General Insurance Limited ABN 99 003 719 319, which is a corporate authorised representative of Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL 234708 (Allianz Insurance). Westpac Banking Corporation ABN 33 007 457 141 AFSL 233714 arranges the insurance under a distribution arrangement with Allianz Insurance, but does not guarantee the insurance. This information does not take into account your personal circumstances. Read the Product Disclosure Statement to see if this insurance is right for you.

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