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Rental Asset Protection

Cover for Your Rental Property & Investment Income

Protecting an investment property requires more than basic home cover. Secure your building, contents, and cash flow against extreme weather, tenant default, and unexpected damage.

Speak with a Lesure Broker
Premiums May Be Tax-Deductible*
Tenant Rent Default Inclusions
Tax Audit Cover (Limits Vary)
Lender Settlement Compliant CoC

Settling on an investment property or renewing leases? We issue certified Certificates of Currency (CoC) promptly for lenders and property managers.

Investor Protection

What Is Landlord Insurance?

Landlord insurance is a specialized property insurance policy designed to protect investment property owners from the financial risks associated with renting out a home.

While standard home insurance covers owner-occupied properties, property insurance for rental property assets extends cover to protect against tenant-related risks—such as accidental or malicious damage, loss of rental income, tenant rent default, and landlord legal liability.

Tax Deductibility*: Under ATO guidelines, premiums paid for landlord insurance on an income-producing property may be tax-deductible against your gross rental income. Consult your accountant or registered tax adviser regarding your individual circumstances.
Australian landlord and property manager inspecting modern residential investment property

Protecting residential leases, holiday rentals, and strata unit portfolios.

Who Should Consider It?

If you are one of the millions of Australian property investors, securing tailored landlord insurance for rental property assets is essential. This protection applies to:

Long-term Rental Properties

Residential Leases

Freestanding houses or apartments under residential tenancy agreements.

Short-term Holiday Rentals

Airbnb & Stayz

Approved Airbnb and Stayz residences requiring specialized guest damage and liability inclusions.

Commercial or Residential Units

Strata Portfolios

Portfolios needing combined landlord building insurance or contents-only cover for strata-titled properties.

Coverage Architecture

What Can It Cover?

Comprehensive rental property insurance coverage goes beyond standard structural protection to cover unique operational risks:

Building & Natural Disasters

Cover for storm, fire, and explosion under your landlord building insurance policy (flood cover varies by insurer).

Tenant-Related Risks

Loss or damage caused by tenants or their visitors, including malicious damage and theft.

Rental Income Protection

Optional cover for loss of rent if your property becomes uninhabitable or if tenants default on payments.

Landlord’s Contents & Fittings

Protection for carpets, blinds, curtains, washing machines, and appliances provided for tenant use.

Legal Liability & Tax Audit

Liability cover for third-party injury on-site, plus tax audit cover (limits vary by policy) for rental compliance reviews.

Additional Inclusions

Catastrophe cover, electric motor burnout, emergency demolition, and debris removal.

Transparency & Boundaries

What Isn't Covered? (Exclusions & Excess)

To maintain complete transparency, standard property insurance for rental property assets typically excludes:

General Wear & Tear

Gradual deterioration, routine maintenance, or age-related appliance failure.

Tenant Belongings

Personal possessions owned by tenants are not covered under landlord home insurance.

Unoccupancy Limits

Unset periods where the home remains vacant beyond policy limits without notifying your broker.

Policy Excess

Deductibles apply per claim, with specific limits outlined in your Product Disclosure Statement (PDS).

The Lesure Advantage

Why We’re Different

Broker advice backed by the Steadfast network and decades of underwriting experience.

Steadfast Network Leverage

Access exclusive policy wordings and competitive options from 140+ insurers through the Steadfast network.

Bespoke, Tailored Precision

Purpose-built policies designed around your specific trade, contracts, and actual business risk profile.

Fast Claims Support

End-to-end claims advocacy. When an incident occurs, we handle the entire process while you focus on your business.

Transparency & Bilingual Support

Clear policy reviews in English or Vietnamese, with the key terms and exclusions explained before you buy.

Protect Australian rental properties and investment income with Lesure Landlord Insurance
Rental Asset Protection

Protect Your Rental Assets Today

Safeguard your property and protect your ongoing rental cash flow with tailored landlord protection.

Call: (03) 7303 7504

Frequently Asked Questions

Landlord Insurance FAQs

A standard home policy only protects owner-occupied premises against structural damage and basic perils. It strictly excludes risks unique to income-producing assets. Dedicated landlord insurance for rental property safeguards you against tenant rent default, malicious damage by occupants, landlord liability, and loss of rental income while repairs are underway—gaps left wide open by standard homeowners insurance for rental homes.
Landlord building insurance covers the physical structure (roof, walls, permanent fixtures) against major disasters like fire, flood, and storm. Landlord contents insurance protects internal unfixed items provided for tenant use, such as carpets, blinds, curtains, and appliances. If you own an apartment under a Strata scheme, the Body Corporate typically handles the main structure, meaning you only require contents and tenant liability cover. For freestanding houses, combining landlord insurance and building insurance into a single policy ensures end-to-end protection.
Yes, but with clear legal distinctions. Comprehensive rental property insurance coverage protects against accidental damage, vandalism, or malicious damage caused by tenants or their invited guests. However, it does not cover fair wear and tear—such as gradual carpet aging, scuffed paint, or routine appliance breakdown. Distinguishing between tenant abuse and standard deterioration is a key area where your Lesure broker assists during the claims process.
Yes. Standard long-term residential policies void coverage if a property is used for short-term holiday letting. To maintain valid rental home insurance coverage, your policy must carry a specific endorsement for short-stay hosting. This ensures your property insurance for rental property covers high guest turnover, accidental damage, and public liability risks specific to short-term occupants.
In general, yes. Under ATO guidelines, premiums paid for landlord insurance on income-producing properties may be tax-deductible against your gross rental income. Consult your accountant or registered tax adviser for advice on your situation. Some policies can also include tax audit cover (limits vary by policy) to assist with accounting costs during an audit.
Obtaining a competitive landlord insurance quote involves evaluating your building rebuild value, location risk profile, chosen excess, and optional add-ons like rent default cover. Instead of purchasing an off-the-shelf policy, Lesure benchmarks options across top Australian insurers to secure a tailored insurance landlord quote that optimizes both price and coverage.