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Comprehensive Building and Landlord Insurance

Your investment property is one of the most significant assets you’ll own — so ensure it’s covered during the worst-case scenario with SGUA. Our building and landlord insurance policy provides comprehensive building, contents and landlord cover. 

Choose SGUA for specialised building and landlord insurance products designed to protect residential investment properties. Explore our building and landlord insurance coverage options and get in touch today for a quote.

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Is your property a holiday / short term rental? View our holiday property insurance options here →

Building and landlord insurance — what property investors across Australia need to know

For property investors in Australia, having both building and landlord insurance is more than just a consideration; it’s a non-negotiable. These insurance policies provide comprehensive protection against various risks, including property damage, liability claims, loss of rental income and tenant-related issues. Imagine the financial — not to mention emotional — stress that comes with organising and funding repairs when things go wrong. 

By securing comprehensive coverage for their property, investors can safeguard their assets, ensure steady cash flow and focus on growing their property portfolios with confidence. At SGUA, we offer tailored building and landlord insurance solutions designed to meet the unique needs of property investors.

What’s covered with SGUA’s building and landlord insurance

For more than 30 years, SGUA has been providing trusted insurance services for Australian landlords across the country. We understand better than most what investors appreciate in an insurance policy and have created a comprehensive solution that fits their needs. 

Some of the key events covered under the SGUA building and landlord insurance policy are: 

  • Accidental damage — This includes accidental damage caused by tenants or their guests, ensuring that unforeseen mishaps do not result in out-of-pocket expenses.
  • Theft and vandalism — This optional coverage provides protection against theft or vandalism (up to the sum insured amount), whether committed by tenants, their guests or outsiders. 
  • Natural disasters — Coverage against natural events such as storms, floods and bushfires, ensuring your property is protected against Australia’s unpredictable weather.
  • Loss of rent — If the property becomes uninhabitable due to insured damage, the policy covers the loss of rental income for up to 52 weeks during the repair period.

For a full list of covered events under the SGUA building and landlord insurance policy, please browse our latest product disclosure statement (PDS).

Landlord Property Protection Products.

This building and landlord insurance policy is designed to cover your investment property for Accidental loss or damage, helping to protect your investment against financial loss and providing you peace of mind.

Explore our range of policies below and contact SGUA for a quote today.

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Landlord Cover

Product: Standard Landlord Cover

Insurance that is designed for units, apartments & villas where the building is insured with a body corporate or freestanding homes where the building is insured elsewhere. This cover also include legal liability up to $20 million.

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Building & Landlord Cover

Product: Custom Landlord Cover

Insurance that is designed for freestanding or terrace homes where building, contents and landlord covers are required. This cover also includes legal liability up to $20 million.

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Customised Cover

Product: Customised Cover

Pick and choose your required sections of cover, sums insured and excesses to add to your building and/or contents cover.

Compare our Products

Unsure of which insurance policy is for you? We offer options for varying benefits and cover. The information presented below contains a brief description of each of our policy covers and the circumstances under which they may be appropriate. Filter from building, contents, loss of rent coverage options, legal liability and more. We’ve made it easy to find the building and landlord insurance policy that’s right for you.

This is designed to help you decide which insurance product cover will meet your specific needs and helps you compare between policies. Expand each section to read more about the product feature for easy comparison.

Trust SGUA for quality building and landlord insurance

Protecting your investment is crucial, and SGUA’s building and landlord insurance offers the comprehensive coverage you need. With over 30 years of experience, we provide tailored insurance solutions that safeguard your property and financial well-being. Learn more about our building and landlord insurance options by contacting us today.

Cover Type
Standard Landlord Cover
Customised Cover
SLC Value Plus
Customised Value Plus

Accidental physical loss or damage to your building
Not Available
The sum Insured for your Building except for fences and gates located at your Risk Address.
The most we will pay for Damage to any fences or gates located at your Risk Address is $20,000 per Claim.
Theft, attempted theft or burglary
Not Available
Up to 10% of the Sum Insured for your Building
Removal of Debris
Not Available
Up to 10% of the Sum Insured for your Building in addition to the Sum Insured for your Building
Professional and Authority Fees
Not Available
$30,000 per Claim in addition to your Sum Insured or up to 10% of the Sum Insured for your Building, whichever is the lesser
Exploratory Costs
Not Available
Up to $5,000
Locks & Keys
Not Available
Up to $1,000
Landscaping, Trees, Plants and Shrubs
Not Available
Up to $2,000
Loss of Metered Water or Gas
Not Available
Up to $500
Temporary Repairs
Not Available
Reasonable costs to prevent further loss or damage within the Sum insured
Rainwater Tank
Not Available
Up to $1,500
Solar Panels
Not Available
Up to $2,000
Mortgage discharge costs
Not Available
Up to $5,000
Tax Audit Fees
Not Available
Up to $5,000

(This is the total limit of your Policy regardless of whether you have Building cover, Contents cover, or both Building and Contents cover)

Fumigations Costs
Not Available
Up to $5,000

(This is the total limit of your Policy regardless of whether you have Building cover, Contents cover, or both Building and Contents cover)

Legal Expenses
Not Available
Up to $7,500

(This is the total limit of your Policy regardless of whether you have Building cover, Contents cover, or both Building and Contents cover)

Electric Motor Burnout
Not Available
Motor replacement up to 15 years of age
Production of controlled drugs - clean up and repair of Damage caused by controlled drug activity
Not Available
Up to $60,000

(This is the total limit of your Policy regardless of whether you have Building cover, Contents cover, or both Building and Contents cover)

Cover Type
Standard Landlord Cover
Customised Cover
SLC Value Plus
Customised Value Plus

Accidental physical loss or damage to your Contents
Up to $70,000
Up to the Sum Insured for your Contents
Theft, attempted theft or burglary
Up to $70,000
Up to the Sum Insured for your Contents
Removal of Debris
Up to 10% of the Sum Insured

(in addition to the Sum Insured for the Contents)

Up to 10% of the Sum Insured

(in addition to the Sum Insured for the Contents)

Locks and Keys
Up to $1,000
Up to $1,000
Temporary Repairs
Reasonable costs to prevent further loss or damage within the Sum insured
Reasonable costs to prevent further loss or damage within the Sum insured
Tax Audit Fees
Up to $5,000

(This is the total limit of your Policy regardless of whether you have Building cover, Contents cover, or both Building and Contents cover)

Up to $5,000

(This is the total limit of your Policy regardless of whether you have Building cover, Contents cover, or both Building and Contents cover)

Fumigations Costs
Up to $5,000

(This is the total limit of your Policy regardless of whether you have Building cover, Contents cover, or both Building and Contents cover)

Up to $5,000

(This is the total limit of your Policy regardless of whether you have Building cover, Contents cover, or both Building and Contents cover)

Electric Motor Burnout
Motor replacement up to 15 years of age
Motor replacement up to 15 years of age
Legal Expenses – to minimise your loss of rent
Up to $7,500

(This is the total limit of your Policy regardless of whether you have Building cover, Contents cover, or both Building and Contents cover)

Up to $7,500

(This is the total limit of your Policy regardless of whether you have Building cover, Contents cover, or both Building and Contents cover)

Production of controlled drugs - clean up and repair of damage caused by controlled drug activity
Up to $60,000

(This is the total limit of your Policy regardless of whether you have Building cover, Contents cover, or both Building and Contents cover)

Up to $60,000

(This is the total limit of your Policy regardless of whether you have Building cover, Contents cover, or both Building and Contents cover)

Cover Type
Standard Landlord Cover
Customised Cover
SLC Value Plus
Customised Value Plus

Loss of rent as a result of damage that is insured by and accepted under your Policy and your risk address becomes uninhabitable for a period of 7 consecutive days or more
Up to 52 weeks rent, up to a maximum of $1,250 per week
Up to 52 weeks rent, up to a maximum of $1,250 per week or as otherwise listed on your Certificate of Insurance
Prevention of Access
Not available
Up to 52 weeks rent, up to a maximum of $1,250 per week or as otherwise listed on your Certificate of Insurance
Cover Type
Standard Landlord Cover
Customised Cover
SLC Value Plus
Customised Value Plus

Deliberate Damage by Tenants
Up to $70,000
Up to the Sum Insured for your Building
Up to $70,000 for your Contents
Damage by Pets
Up to $5,000
Up to $5,000

(This is the total limit of your Policy regardless of whether you have Building cover, Contents cover, or both Building and Contents cover)

Theft by tenants
Up to $70,000
Up to the Sum Insured for your Building
Up to $70,000 for your Contents
Garbage Removal
Up to $500
Up to $500

(This is the total limit of your Policy regardless of whether you have Building cover, Contents cover, or both Building and Contents cover)

Legal Expenses
Up to $7,500
Up to $7,500

(This is the total limit of your Policy regardless of whether you have Building cover, Contents cover, or both Building and Contents cover)

Cover Type
Standard Landlord Cover
Customised Cover
SLC Value Plus
Customised Value Plus

Departure without notice and/or payment
Up to 20 weeks rent up to a maximum of $1,250 per week
Up to 20 weeks rent up to a maximum of $1,250 per week or as otherwise listed on your Certificate of Insurance
Court, tribunal or relevant authority ordered termination
Up to 20 weeks rent up to a maximum of $1,250 per week
Up to $1,000 for the cost of rekeying locks following a court, tribunal or relevant authority ordered termination
Up to 20 weeks rent up to a maximum of $1,250 per week or as otherwise listed on your Certificate of Insurance
Up to $1,000 for the cost of rekeying locks following a court, tribunal or relevant authority ordered termination
Death, Murder or Suicide (or attempted murder or suicide)
Up to 26 weeks rent up to a maximum of $1,250 per week
Up to 26 weeks rent up to a maximum of $1,250 per week or as otherwise listed on your Certificate of Insurance
Financial Hardship
Up to 12 weeks rent up to a maximum of $1,250 per week
Up to 12 weeks rent up to a maximum of $1,250 per week or as otherwise listed on your Certificate of Insurance
Domestic Violence
Up to 20 weeks rent up to a maximum of $1,250 per week
Up to 20 weeks rent up to a maximum of $1,250 per week or as otherwise listed on your Certificate of Insurance
Garbage Removal
Up to $500

(This is the total limit of your Policy regardless of whether you have Building cover, Contents cover, or both Building and Contents cover)

Up to $500

(This is the total limit of your Policy regardless of whether you have Building cover, Contents cover, or both Building and Contents cover)

Legal Expenses
Up to $7,500

(This is the total limit of your Policy regardless of whether you have Building cover, Contents cover, or both Building and Contents cover)

Up to $7,500

(This is the total limit of your Policy regardless of whether you have Building cover, Contents cover, or both Building and Contents cover)

Re-letting fees
Up to $500
Up to $500
Cover Type
Standard Landlord Cover
Customised Cover
SLC Value Plus
Customised Value Plus

Legal liability to pay for personal injury or property damage in connection with your ownership of your building and/or contents
Up to $20 million
Up to $20 million

(This is the total limit of your Policy regardless of whether you have Building cover, Contents cover, or both Building and Contents cover)

For full details on what's covered per product, please read our Product Disclosure Statements.

 

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