Landlord Contents Insurance
Cover your landlord fittings or furniture against loss or damage
Landlord insuranceWhy choose Bank of Melbourne
What level of cover do you need?
Choose from two levels of cover and select optional extras to protect your investment. Full details in the PDS.
Essential Care
Provides a basic level of cover to protect your contents against loss or damage.
Essential Care also comes automatically with these additional benefits:
- Sum insured safety net: up to 5%
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Cover Limits
Some items are covered up to a certain limit, unless extra cover is taken out. For example:
- Artwork: up to $3,000
- Electrctrical or audio equipment: up to $3,000
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You're covered for loss or damage caused by:
- Theft
- Storm, flood, fire, lightning, earthquake, impact, explosion
- Escape of liquid
- Malicious acts, riot and civil commotion
You’re also covered for legal liability of up to $20 million.
Quality care
Covers your contents against loss or damage from a wider range of events.
Quality Care also comes automatically with these additional benefits:
- 10 % sum insured safety net
- Loss of rent – up to 10% of your sum insured or for 12 months from the date of the event (whichever is less) if the property is unliveable from an insured event
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Cover Limits
Some items are covered up to a certain limit, unless extra cover is taken out. For example:
- Artworks, collections and collectables are covered up to $10,000
- No cover limits on electrical or audio equipment
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You're covered for loss or damage caused by:
- Theft
- Storm, flood, fire lightning, earthquake, impact, explosion
- Escape of liquid
- Malicious acts, riot and civil commotion
- Accidental breakage of glass
- Electrical motor burnout
You’re also covered for legal liability of up to $20 million.
+ Add optional extras
Optional cover for events like malicious damage by your tenants or rent default.
Add optional Landlord Extras cover to provide extra protection from malicious acts, theft or rent default by your tenants:
- Malicious acts and theft by your tenant – up to the building and/or contents sum insured
- Loss of rent due to tenant default – up to $1,000 per week for up to 10 weeks
Additional benefits for landlords
- Beyond your sum insured, there’s extra cover included to get your property back to normal faster and reduce your risk of income loss. Check the PDS for details.
- For strata title plan properties, you are covered for loss of rent if the home is unliveable up to $1,000 per week for up to 12 months from the insured event.
Offers
Save 15%
Save 15% when you buy landlord contents insurance online
Quote and buy online and save 15% off your annual premium for the first year with promotional code COVER
The Detail
Cover is subject to your application for insurance being accepted.
Landlord Insurance is issued by Westpac General Insurance Limited ABN 99 003 719 319 (except workers compensation cover where applicable). Bank of Melbourne – a Division of Westpac Banking Corporation ABN 33 007 457 141 (the Bank) distributes the 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.
Product Disclosure Statements (PDS)
- Landlord Insurance Product Disclosure Statement and Supplementary Product Disclosure Statement (PDF 2MB) (applicable to policies initially issued on or after 30 June 2018 and current policies last renewed on or after 30 July 2018)
- Landlord Insurance Product Disclosure Statement (PDF 2MB) (applicable to current policies last renewed before 30 July 2018)
Financial Services Guide (FSG)