Landlord Home and Contents Insurance

You've worked hard for your rental property. Protect yourself against significant financial loss from events such as fire, theft or storm.

Landlord Home and Contents Insurance

Owning a rental property isn't easy these days. There's a lot to think about: upkeep and repairs, the quality of your tenants and how to protect your substantial financial investment. Close to 5 million Australians rent their accommodation today (about twice as many as in the early 1980s)1, and that means there are also more landlords in Australia than ever before. And they all have one thing in common: to help them look after their rental properties, they need Landlord Home and Contents Insurance that gives them policy benefits that are tailored to their specific situation – provided at a price they can afford.

Great Discounts

Buy online or combine your Home & Contents policies to save even more.



when you combine Home & Contents insurance and purchase online*

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when you purchase Home Insurance online*

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when you purchase Contents Insurance online*

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* Discount Conditions Apply

Budget Direct Insurance for landlords

A landlord has different insurance needs than a homeowner or a renter, and that's why Budget Direct provides landlord-specific cover for those owning a rental property. With our standard policy you'll be covered for a number of insured events including fire, explosion, theft or attempted theft, impact, storm and rainwater, earthquake, lightning and much more. You're also covered for loss of rent if an insured event causes loss or damage that makes the dwelling unfit to live in, or causes loss of fixtures/fittings such as floor coverings, window coverings and light fittings (limits and Terms and Conditions apply so see our Policy Benefits for full details). We're so confident in the quality of our Landlord Home and Contents Insurance that we offer a 21-day Money Back Guarantee as long as you haven't made a claim on the policy.

Online discounts and quick and easy claims

We offer substantial discounts if you buy your Landlord Home and Contents Insurance from us online: you save 15% by purchasing either Home or Contents cover online, and 30% if you combine the two into a single Home and Contents policy and buy online. And if you ever have to make a claim, you'll have the peace of mind that comes with access to our convenient 24-hour Claims Hotline – based right here in Australia. Because of our highly accurate risk assessments, we're also able to keep your premium prices lower. How much lower? Have a look at some Home and Contents Insurance comparisons to see just how much we might be able to save you on your landlord insurance – you might be pleasantly surprised.

Optional Benefits – additional cover if you need it

Unfortunately, not every tenant is going to respect your rental property as much as you do, so it's certainly worth looking at our selection of optional benefits for landlords. These include (but aren't limited to):

  • Tenant Default Cover – this covers you if your tenant stops paying rent or vacates the rental property without your consent
  • Motor Burnout – this Optional Benefit covers the cost of loss/damage to the motors in the appliances in your rental property, through electrical current and/or power surges
  • Theft and Malicious Damage by Tenant Cover – this option ensures you're covered if your tenants steal from your property or cause malicious damage
  • Choice of Excess Options – this handy option gives you a choice: higher excess and lower premiums, or vice versa. It's entirely up to you.

Limits, Terms & Conditions apply so with both Standard and Optional Benefits, make sure you read the Product Disclosure Statement to know exactly what you're covered for.

Contents matter too

Is your rental property partly or fully furnished? If so, you'll want to make sure the appliances, whitegoods, furniture and other valuable items on your property are covered for loss, damage or theft. Fortunately, this is as easy as adding Contents Insurance to your policy.

Rental properties can be especially vulnerable to burglary when left unrented for even short periods, so Contents cover is particularly important for landlords. Whether occupied or not, your rental is always at risk from fire, burst pipes and other calamities that can seriously affect the contents as well as the dwelling itself. It's easy to underestimate what it might cost to replace your rental's assorted items, so here are some handy Replacement Value Calculators that can help you work it out.

Award-winning insurance at a competitive price

Budget Direct recently won Money Magazine's Best of the Best award for Cheapest Home and Contents Insurance in 20142, and our low prices are matched by a firm commitment to customer service. We want to make your experience insuring your property with us to be as easy and stress-free as possible, and provide the landlord cover you need at a very competitive price. Our Insurance is flexible, too. You can pay for your Landlord Home and Contents Insurance by PayPal, credit card or direct debit, and choose between monthly, fortnightly or annual payment plans.

Get a quick online quote for landlord insurance today!
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