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Property Owner's Extra Protection

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Cover against Rental Defaults, Legal Proceedings, Damage to Contents and more at a fixed low price

For most of us, buying an investment property is the biggest financial transaction in someones life apart from purchasing their own home. Owning a rental property can be very rewarding but comes with some inevitable risks. So 'Cover What's Important' and protect your investment as best as you can. With Property Owner's Extra Protection, your property is covered by a landlord insurance that is designed by property investors for investment property owners.

Choose PropertyCover's landlord insurance for comprehensive cover with one of the lowest excesses in the market.

Our fixed price landlord insurance that can give you all the protection you need no matter where you are in Australia:

NSW	$290	Victoria	$250
Queensland	$250	South Australia	$215
Western Australia	$215	Tasmania	$205
ACT	$280	Northern Territory	$275

Benefits
PDS
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FAQs
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Benefits is a broad term, and PropertyCover's Landlord Insurance has very broad benefits to suit your investment property...

Comprehensive cover against emergencies and unexpected events
No stress about legal implications resulting from tenancy disputes
Your contents are covered putting your mind at ease
Deliberate, accidental, 3rd party damage covered

What Property Owner's Extra Protection insures:

Rental Defaults
- Up to 52 weeks if the premises are untenantable or up to 15 weeks for rental defaults
Legal Liability
- Up to $20million for bodily injury or property damage
Fire & Explosion
- Up to $50,000 cover for Landlord's Contents and the Building
Landlord's Contents
- Up to $20,000 for loss or damage not caused by tenants
Deliberate or Malicious Damage
- Up to $50,000 any one tenancy excess free once the bond has been exhausted legitimately

The Excesses

NO Excesses on Tenant Defaults & Deliberate Damage by Tenants
$250 in the event of Theft by Tenants
$200 in the event of an Earthquake
$50 for any other claim

Contact our property insurance experts today on 02 8399 1838

Please read the PDS before deciding if this product is right for you.

To view the PDS please click

Cover your investment property today!

Please return the application form with your details by fax to 02 8399 0226 or mail to PO Box 571, Woollahra NSW 1350.

Property Owner's Extra Protection FAQ's

- What if I have a number of Investment Properties?

- Do you cover Apartments/Townhouses/Villa's/Duplex's/Units?

- Is there a set cost on parts?

- Are there payment methods?

- How do I get a Quote for Property Owners Extra Protection?

- How do I purchase my insurance?

- Can I pay by installment?

- What if I have to make a claim?

- My property has been damaged by fire and cannot be lived in, what should I do?

- Does Property Owners Extra Protection cover the building?

- Does Property Owners Extra Protection cover my contents?

- Does the policy cover the garage and other outbuildings as well?

- Is accidental damage covered by my policy?

- If I don't have an agent managing my property, I do it myself, can I still be insured?

- When can loss of rent be claimed to?

- The property has been maliciously damaged by tenants, can repairs start immediately?

- Are there excesses in Property Owners Extra Protection?

- Do you cover death of a sole tenant?

- Do the tenants need to be in advance of their rent for any period of time?

- What is 'Deliberate Damage'?

- What are 'Defined Events'?

- How does the bond effect the claim?

- How can a Property Manager's actions effect a claim?

Answers

- What if I have a number of Investment Properties?

We can cater for any number of properties, please call our Insurance Experts on (02) 8399 1838

- Do you cover Apartments/Townhouses/Villa's/Duplex's/Units?

Yes, we cover all types of properties on all titles.

- Is there a set cost on parts?

Yes, we have an agreement with a National chain that gives us a standardised pricing structure for our Tradespeople

- Are there payment methods?

Yes, you can choose to pay by credit card, cheque or direct deposit.

- How do I get a Quote for Property Owners Extra Protection?

You can either call our Insurance Consultants on (02) 8399 1838 or Click Here

- How do I purchase my insurance?

You can either call our Sales Team on (02) 8399 1838!

- What if I have to make a claim?

Just log onto www.propertycover.com.au and fill out the "Make a Claim" form or call our team on (02) 8399 1838

- My property has been damaged by fire and cannot be lived in, what should I do?

Call the Police & Fire Brigade, once you've done that and calmed down, call PropertyCover on (02) 8399 1838 and make a claim.

- Does Property Owners Extra Protection cover the building?

Yes, it covers your property against 'Defined Events' as set out in the PDS.

- Does Property Owners Extra Protection cover my contents?

Yes, up to $20,000 in contents can be insured.

- Does the policy cover the garage and other outbuildings?

Yes it does, please see the PDS for more details on which outbuildings are covered.

- Is accidental damage covered by my policy?

Yes, we do cover certain circumstances and items as set out in the PDS

- If I don't have an agent managing my property, I do it myself, can I still be insured?

Yes you can be so long as there is a lawful lease in place for longer than three (3) months.

- When can loss of rent be claimed to?

It can be claimed up to fifteen (15) weeks once the bond is exhausted by legitimate means.

- The property has been maliciously damaged by tenants, can repairs start immediately?

Secure the property as best you can, contact us and we will arrange an inspector. Once complete repairs can begin.

- Are there excesses in Property Owners Extra Protection?

Yes, only for Earthquakes, in this case it will be $200

- Do you cover death of a sole tenant?

Yes, it will be treated as a Rental Default.

- Do the tenants need to be in advance of their rent for any period of time?

No, as long as they're not behind in rent.

- What is 'Deliberate Damage'?

Deliberate Damage as referred to in this product means damage arising from an intentional or deliberate act by the Tenant that occurred whilst the Tenant occupied the premises and was not noted on the Property Condition Report at the beginning of the tenancy. Deliberate Damage does not mean theft.

- How does the bond effect the claim?

We do not deduct the bond from the claim. However, for tenancy matters, if the bond is not used up on legitimate non-insurance related matters, then the remainder of the bond is entitled to be kept by the owner to cover Deliberate Damage and Tenant Default losses.

- How can a Property Manager's actions effect a claim?

It is in the Property Managers hands how fast any incident is dealt with, if we feel it was dealt with slowly and that we must incur further cost due to this delay, we may deduct this lost time from the claim value, though we do allow reasonable amounts of time to issue notices.

For More Information please click

The information on this website and in the policy documents is of a general nature only and your financial position, objectives or any other details or factors specific to your personal situation have not been taken into account when preparing the website and policy documents. The Product Disclosure Statement (PDS) is the best source of information about this product. You should read the PDS carefully to ensure that this product meets your needs and requirements before making any decision to apply for, buy or continue to hold this product. PropertyCover P/L ABN 49127074837 is a Distributor of National Underwriting Agencies P/L AFSL 246229