Landlord Insurance

Q: Can I pay my premiums by the month?

Yes. First Peoples Insurance can arrange monthly premium funding for many insurance policies through approved premium funding providers. For commercial insurance policies, the interest charged on a premium funding loan may be tax deductible, depending on your circumstances. Tax treatment differs for personal insurance products and may not be deductible. You should seek advice from your accountant or tax adviser regarding the tax implications of any premium funding arrangement.

Landlord Insurance is a specifically tailored policy for investment properties. It’s important to have a comprehensive policy, for your peace of mind, knowing that your investment is protected.

Why is this cover important?

There are many benefits with taking out a Landlord’s policy with First Peoples Insurance as it’s an investment which you would like to protect. Every landlord’s property is different, therefore, we tailor the insurance cover to suit your specific requirements. An Investment property, for many, is like a nest egg for their future retirement.

You leave the responsibility of selecting and reviewing the type of tenants to your appointed Real Estate Agent. Now you can leave the responsibility of protecting your investment with a Professional Insurance Adviser.

At First Peoples Insurance, we understand this and we pride ourselves in providing the right advice to tailor your insurance requirements.

Policy cover can include

It’s important to take out the right cover. Landlord policies can provide the following, but not limited to:

Accidental Loss or Damage

To building or contents.

New for Old Replacement

Replacement to a condition substantially the same as when new.

Rent Default

Due to Tenants.

Legal Liability

Legal Liability up to $30 million.

Landlord’s Contents

Accidental loss or damage to landlord’s contents including white goods, carpets, curtains and blinds.

Loss of Rent

Loss of rent due to an insured event.

Theft

Or attempted theft including malicious damage.

Flood Cover

Available if required.

First Peoples Insurance is a 100% Aboriginal-owned, full-service insurance broker, not a product seller. We partner with you to understand your risks and design tailored insurance brokering solutions that evolve with your needs.

We have access to a large range of quality insurers and policies to ensure you obtain the best possible coverage.

Our claims team has years of experience and expertise in successfully managing complex and difficult claims.

When it comes to protecting this investment, we pride ourselves on our professional and personalised claims service, should you happen to have a need to make a claim.

When a claim occurs, our expert Claims Team will provide you with all the assistance required to settle the loss as quickly as possible, and with the least disruption.

As a client of First Peoples Insurance, you will also receive the following:

First Peoples Insurance Advisers are all qualified to provide Clients with the right advice on all their Insurance Needs.
First Peoples Insurance has access to several reputable Landlord Insurers. This gives you a number of options to consider.

Frequently Asked Questions for Landlord Insurance

Insurance is like any other product, you pay for what you get. There are many different insurers offering policies in different shapes and forms.

Service is extremely important.

This is the difference between a claim being paid out over night and a claim being paid out painstakingly over a year. Cheap premiums are on offer because costs are being cut elsewhere.

Coverage is also extremely important.

This is the difference between your claim being paid out or not paid out at all. Quite often, this results in financial burden in the long run.

The Landlord’s policy would cover the resultant damage as well as the loss of rent until such time as the building is repaired.

Yes. First Peoples Insurance can arrange monthly premium funding for many insurance policies through approved premium funding providers.

For commercial insurance policies, the interest charged on a premium funding loan may be tax deductible, depending on your circumstances. Tax treatment differs for personal insurance products and may not be deductible.

You should seek advice from your accountant or tax adviser regarding the tax implications of any premium funding arrangement.

So long as you have the Rental Default option, the policy will provide cover. Period of time and amount paid varies with each insurer.

As your Adviser, you will always contact First Peoples Insurance in the first instance and we will guide you through the claims process as this can vary from insurer to insurer.