Cheap Landlord Insurance that Provides the Right Level of Cover
Yes, insurance may seem expensive, but when you can purchase cheap landlord insurance with 1Cover that is high in value it’s not worth taking the risk of underinsuring your property. No matter if you own and rent out a unit, flat, apartment, semi-detached or detached house, a duplex or a portfolio of several properties, we can assist you in protecting your investment with easy-to-pay monthly premiums.
Protect yourself against loss of rent due to fire or accident causing the property to be uninhabitable, through leaving the property vacant in order to carry out necessary repairs, or if your tenants have defaulted. Any of these events can leave you seriously out of pocket and inflict a level of financial strain that may even result in your losing your investment.
1Cover provide insurance for break-in, burglary or theft; default; storm, rain, water and other liquid damage; accidental glass breakage; malicious damage, civil acts and riots; lightning and thunder strike; impact such as runaway vehicle; earthquake; and tsunami.
Building Insurance Includes:
Aside from the actual structure we also include hot water systems, dishwashers, fans, air conditioners, permanent swimming pools saunas and spas, carports, sheds, gazebos, ponds, fixed jetties, tennis courts, clothes lines, rainwater tanks and solar water heaters, aerials, satellite dishes, built-in barbeques and more
Contents Insurance Includes:
Contents cover includes internal items such as carpets, curtains and blinds; removable appliances installed for the tenant’s use such as dryers and washing machines, and external items such as removable swimming pools and filtration equipment, saunas and spas, and fixtures and fittings not already covered by a body corporate, if appropriate.
Plus you’ll receive these additional and valuable benefits:
- Legal liability for injury to both other people and their property of up to $10 million
- Reinstatement of the sum insured after loss caused by an insured incident
- Removal of debris plus architect and engineer's fees if you need to rebuild
- Fusion cover
- Replacement of locks and cylinders
- Automatic indexation to inflation
- Lost or damaged fridges, freezers, washing machines, dishwashers and dryers with an energy rating of less than 3 stars will be replaced with a similar unit of at least 3 star rating
1Cover are able to offer some of the cheapest cover around plus great service. We are trying to pass the savings we make onto to our customers.
We may provide cheap landlord insurance but the depth of our cover is anything but cheap.