Landlord Insurance

Donnellys can offer you Landlord insurance options that can be selected to tailor different levels of cover required for residential property investors including:

• Building cover;
• Contents cover;
• Optional Rent Default
• Optional Theft by Tenants

Our recommended policy underwritten by Allianz Australia Insurance includes broad Building cover against accidental loss or damage including malicious acts.

The policy includes:

• Contents provided by the Landlord for Tenant's use up to $10,000 for the repair or replacement of furniture & furnishings (excluding electrical items); fixtures or fittings; carpets, curtains & internal blinds.
•  Automatic property owner Legal Liability cover up to $20 million is included.

 Optional Covers:

•  Rent Default
• Cover is available for up to 15 weeks loss of rent or up to $10,000 whichever is the lesser if your Tenant defaults on the rent payments due under your rental agreement.
• Theft by Tenant
• Cover is provided up to the Building or Contents sum insured.

 Green Cover Extension

 The key features of the green cover endorsement include:‎

The replacement of lost or damaged appliances (eg: refrigerators, freezers, washing ‎‎machines, clothes dryers and dishwashers) with items that have a minimum 3 star ‎‎energy rating.‎

If the building has been totally destroyed by an insured event, cover up to a maximum amount of $5,000 of the cost, after deduction of any rebate eligibility under any government or ‎‎council rebate scheme, to install any combination of the following items:‎

Rainwater tank;‎ Solar power systems, including solar hot water systems or photo-voltaic ‎‎(PV) ‎power system;‎ Hot water exchange system; and Grey water recycling system.‎