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Landlord Insurance for your investment property
Building & Contents
What's covered for Landlords
In Building & Contents, and Building Only Insurance
In Building & Contents, and Contents Only Insurance
Insured Events listed above apply to AAMI Home Insurance products, excluding Fire & Theft Contents Insurance which is limited to loss or damage by Fire, Theft or Burglary. We don't insure you for bushfire, storm, storm surge, flood or tsunami for the first 72 hours of your policy. Very limited exceptions apply. Read the PDS for more detail.
Frequently asked questions
To make your life easier, you can make a number of changes to your home insurance policy online. Through your AAMI account, you can change the sum of contents you’re insured for, update the sum of your insured building, update the unspecified portable items included in your cover, and more.
Simply log in, click on the ‘My policy list’ link, and select the relevant policy you want to update. From the ‘Update my policy’ tab, you’ll find several options for making changes. Unfortunately, some things can’t be altered online, including changing your cover type (for example, from Property Owner to Landlord), and changing the specified portables listed on your cover. For these things please contact us - we’ll be happy to help you out.
Thanks for continuing to choose AAMI for your home insurance needs! We’ve made it super easy to renew online, using your AAMI account. Simply log in, click on ‘My policy list’ and choose the policy you want to renew, and select the ‘Renew now’ button.
How do I determine the right sum insured for my home?
Will I be covered by my Landlord Insurance if my tenant stops paying the rent but does not leave my property?
If you have an existing AAMI Landlord Insurance policy and you purchased Tenant Protection as an Optional Cover, you may be covered for loss of rent. You must have taken all reasonable steps legally available to you to remedy non-payment and/or evict the tenant (if possible).
Limits and exclusions apply, so please check the Product Disclosure Statement.
Each of AAMI’s insurance products utilise a five-stage product lifecycle (Design, Delivery, Review, Enhance/Modify and Decommission). This approach allows us to put you, the customer, at the centre of our product development and distribution.
AAMI Lucky Club® is made available by AAI Limited ABN 48 005 297 807 trading as AAMI ("AAMI") to customers of selected AAMI branded insurance policies.
Insurance is issued by AAI Limited ABN 48 005 297 807 trading as AAMI. Limits, conditions and exclusions apply. Any advice has been prepared without taking into account your particular objectives, financial situation or needs, so you should consider whether it is appropriate for you before acting on it. Read the Product Disclosure Statement before you make any decision regarding this product. The Target Market Determination is also available.
This content applies to new policies and renewal policies with a start date after 14 December 2020.
By ‘malicious’ we mean something done deliberately to harm your property.
For example, if your tenant smashes holes in the wall after they’ve been given an eviction notice, that’s considered malicious and is covered.
We don’t mean accidents, reckless or negligent acts, which aren’t covered. Examples of these are:
- Your tenant never empties the bins causing bad smells and infestation.
- Your tenant accidentally spills a glass of wine and ruins the carpet.
- The children of your tenant put a hole in the wall while playing indoors.
This is a just summary. For full details check the PDS (Product Disclosure Statement). It’s dry, we know, but it’s essential reading.
We are currently unable to offer Tenant Protection Optional Cover on new Landlord Insurance policies until further notice.
Home Building Calculator
This calculator has some questions included that you may not find in other calculators, which will impact the estimate that is calculated.