If you have an investment property or are looking to buy one, it’s a good idea to find out more about home insurance designed specifically for landlords and investors.
While it makes sense to protect your investment against loss or damage, it’s also important to consider covering some of the special risks that investment properties may face.
Like regular home insurance, landlord insurance provides protection against damage to your property from unexpected events such as theft, flood, fire and storm.
But this type of insurance also offers additional protection unique to landlords, such as loss of rent when your tenant can’t live in the home due to extensive damage caused by an insured event.
Landlord insurance can help give you greater protection for your rental property and income than standard home insurance.
Find out more about the Investment Home Package or speak to us in a branch. You can also try the online calculators to work out the replacement value of your building and contents, so you can choose the right sum insured to suit your needs.
Things you should know
This article is intended to provide general information of an educational nature only. It does not have regard to the financial situation or needs of any reader and must not be relied upon as financial product advice.
Home Insurance is provided and issued by Hollard Insurance Partners Limited ABN 96 067 524 216, AFSL 235030 (Hollard) and distributed by the Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (CBA). Hollard is not part of the CBA Group. CBA and its related entities do not sell, issue or guarantee the obligations or performance of Hollard or the products Hollard offers and this insurance product does not represent a deposit with or liability of either CBA or any of its related bodies corporate. If you purchase a Home Insurance policy, CBA is paid a commission which is a percentage of your premium.
For products issued by Hollard, information about the target market can be found within the product’s Target Market Determination available here.
This information has been prepared without considering your objectives, financial situation or needs. You should, before acting on this, consider the appropriateness of the product to your circumstances. A Product Disclosure Statement (PDS) is available at all Commonwealth Bank branches, by downloading them from commbank.com.au or by calling 13 2423 and should be considered before making any decisions about this product. You should also read the Premium, Excess and Discount Guide (PEDG), Key Facts Sheets (KFS), and Financial Services Guide (FSG) by clicking on the links, or by calling 13 2423 for a paper copy.
