Combined Landlord & Building Insurance

Combined Landlord & Building Insurance

Why It’s Essential to assess the insurance needs of your property.

As a property investor or a property manager, ensuring that rental properties are fully protected should always be a priority. While landlord insurance is a critical safeguard for rental income and renter damage, itโ€™s important to determine where and how your building is insured.

If your property is an apartment or unit within an ownerโ€™s corporation development, your building insurance may sit with a Strata provider that will insure the specifics of the development.

However, if your property is a standalone residence, you will need your own building policy. Building insurance is designed to protect the property structure so itโ€™s important to understand where your cover sits and how it applies to your investment.

Having combined landlord & building coverage can save you money, time, and provide peace of mind which will offer several key advantages:

  1. Lower Excess Fees By bundling your insurance with a single provider, you may be eligible for lower excess fees in the event of a claim. This can significantly reduce the financial burden when an incident occurs.
  2. Competitive Premiums Many insurers offer competitive premiums for combined cover, ensuring you get great value. By consolidating your coverage, you may be able to take advantage of cost savings while still receiving top-tier protection.
  3. No Gap in Benefits With combined insurance, you wonโ€™t have to worry about a gap in benefits. Everything from your propertyโ€™s structure to the contents within the building will be covered under one policy, ensuring solid protection.
  4. One-Stop Insurance Service Instead of managing separate policies, a combined policy simplifies your insurance needs. Having one provider streamlines your administrative tasks and makes it easier to manage your propertyโ€™s coverage.

Reviewing your policy inclusions and assessing the benefits available is a crucial step in being financially prepared when the unexpected happens.

DISCLAIMERย Policies are issued by Certain Underwriters at Lloydโ€™s and distributed by The Proplab Group Pty Ltd trading as Property Insurance Plus (ABN 59 009 357 582, AFSL 236663). General advice does not take into account your objectives, financial situation, or needs. Please read the relevant Product Disclosure Statement, Financial Services Guide, and Target Market Determination available from us to consider whether our product is right for you. Benefits are subject to terms and conditions, including excesses, limits, and exclusions of your policy.

Share:

More Posts

Market Update | August 2025

While winter typically brings a quieter pace to the market, activity has remained surprisingly resilient over the past month โ€” and there are a few key indicators worth noting as we head toward the spring season. According to the latest PropTrack Home Price Index, national home prices rose 0.3% in July, reaching a new record high. Prices are now up

Spring Selling Starts at the Front Gate: How to Prepare Your Garden for Maximum Impact

Spring Selling Starts at the Front Gate: How to Prepare Your Garden for Maximum Impact As the weather warms up and gardens begin to bloom, spring is the ideal time to boost your propertyโ€™s street appeal – especially if youโ€™re preparing to sell. A well-presented garden can instantly elevate first impressions, helping buyers fall in love before they even step

Why Renters Need Their Own Insurance

Why Renters Need Their Own Insurance Insurance for renters is typically designed to protect any belongings owned by the renter whilst they are residing in a rental property. However, it often extends to other benefits that are a crucial consideration. There is often a misconception, that loss and damages within a rental property become the ownerโ€™s responsibility, however this is

Top Tips For A Smooth Insurance Claim Process

Top Tips For A Smooth Insurance Claim Process Dealing with insurance claims can be a stressful experience, especially for owners facing potential income loss or unexpected repairs. Being prepared can make all the difference, so there are things you can do to feel in control and minimise the chaos. Keep detailed records A smooth claims process starts with solid documentation.

Send Us A Message

Good Job!

Thanks for taking the time to let me know about your needs.

I look forward to helping you find your new home.โ€‹

Buyer Requirements

Thank you!

Iโ€™ll be in touch soon with information on the suburb youโ€™re buying in.

Find Out More